Description: ACREAGE: 15 MOL ZONING: CPDP COMBINED PLANNED DEV PROJECT (GENERAL COMMERCIAL AND SINGLE FAMILY WITH A REDUCTION IN SETBACKS & MODIFIED CONDITIONS) THIS TRACT CONSIST OF 6 SEPARATE PARCELS THAT MAKE UP 15 ACRES. LOCATED ON THE CORNER OF OXLEY RD AND HIGHWAY 50 TRUCK BYPASS. THE CPDP OR COMBINED PLANNED DEVELOPMENT PROJECT PERMIT(#H-05-35) WAS APPROVED BUT HAS EXPIRED. THIS MASTER PLAN WILL HAVE TO BE REVISED OR REINSTATED THROUGH THE PLANNING DEPT PRIOR TO ANY DEVELOPING. THE HIGHWAY ROAD FRONTAGE IS 787’ ON HWY 50 (CORTEZ). SELLER WILL DO OWNER FINANCE WITH 20% DOWN AND 8% INTEREST. THIS TRACT ALLOWS BOTH COMMERCIAL AND RESIDENTIAL. COAST PARKWAY, SR 589, THE ON/OFF RAMP MAKES ACCESS EASY FROM ALL DIRECTIONS. THIS AREA SUPPORTS GOOD INCOME AND CONSTANT TRAFFIC FLOW. IN EXTREME CLOSE PROXIMITY TO ALL AMENITIES.. THIS IS IDEAL FOR A HOUSING DEVELOPMENT AS WELL AS A COMMERCIAL BUSINESS OR RESTAURANT ON HWY 50. NEW HOMES ARE GOING UP ALL AROUND, BRINGING EVEN MORE TRAFFIC AND RESIDENTS TO THE FAST GROWING AREA OF HERNANDO COUNTY. IN CLOSE PROXIMITY TO ALL SHOPPING AND AMENITIES. THIS IS A GREAT INVESTMENT OPPORTUNITY.