This:”Good point. Let’s assume it’s approved for as many condos as regulations will allow. My friend’s received approval to build an 8-story condo tower with 5 units/floor, another 20 townhomes in two rows of 10 each, and a clubhouse and pool. The land is on a hillside so every unit as well as the clubhouse and pool will have an ocean view. I’m thinking the units will be 2br/bath of around 1200 square feet each.”…
Would take around a couple of acres min probably more like 3. If it were zoned for 5 story condo towers I doubt anyone would build row homes. Why not a bigger condo project and double the units to around 120? Like sdr said,if a lot like that was zoned for and could accomodate that project, it would be very pricey.Bugs could probably say. Keep in mind it is never going to happen on 32,000 square feet .
