1650 Florida Road Durango CO Real Estate

This desirable development property is adjacent to the Durango Sports Club on Florida Road WITHIN 2 BLOCKS of the commercial businesses of Bread Bakery, Star Liquors, Macho's Restaurant, etc. It is a full acre that is generally level and enjoys City utility and road services. The home on the property was built in 1953 and is approximately 1527 sq. ft. with 2 bedrooms and a full bath. The lease at $1250 runs thru May, 2021. There are also several out buildings on the property and large front & back yards. The home is rented and the tenant possibly can stay on until a development plan is created and approved by the City. The property needs to be annexed into the city, if developed. Zoning is multifamily.