390 NW 202nd St., Newberry, FL 32669

This 51.73 acre parcel is located Newberry fronting approximately 1,945 feet along Newberry Rd. The eastern side runs along approximately 1,181 feet along NW 202nd St/CR13. The parcel is currently zoned Agricultural/Rural Residential. Residential use of the properties requires a minimum lot size of 5 acres and minimum lot width of 270 feet. Electric and phone utilities are available. Utilities are provided by onsite septic tanks and water wells. There is a long term land lease for a mono-pole cell phone tower located in the north central area of the site. Current rent rate since 2015 is $661.26/mo for for 5 years. It is a contiguous lifetime lease with a 15% increase every 5yrs. 10,000 sf for tower & easement. THE CLOSED PRICE REFLECTS SELLING THE BACK HALF 24.98 ACRES NOT FRONTING NEWBERRY RD. SOLD TO BUILD ONE RESIDENTIAL HOME. IT INCLUDES THE CELL TOWER.