370 Acres (mol) with frontage on busy Cortez Blvd (SR 50) and Emerson Road that is currently zoned Agriculture, and has 4 parcels all being sold together. Multifamily and Single Family Development opportunity with the Master Plan to be reactivated for rezoning of approximately 88 acres with a Flood Zone of X. (Other 3 parcels are AE) The Master Plan that was approved for rezoning to CPDP by Hernando County has since expired. It was originally approved for a 263 unit with combined single family and multifamily housing development with a mix of 6, 600 sf and 1 acre lots. This beautiful property has rolling hills, open meadows, has a nice variety of trees, and a small amount of frontage on the lake. Included with this land is a 4 bedroom home with a pool set on top of the highest point of the property and has incredible views. There are remains of older farm buildings that are not being used. Key#: 01249358, 00362280, 00362057, 01355599 Being Sold As Is.