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Wade M. Berlin

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1115 Basket Lake Road
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PRICED AT ONLY: $2,257,500

Address: 1115 Basket Lake Road, AVON PARK, FL 33825

Description

64.5+ Acres Prime Lake View Residential Development Land with Medium Density Residential Land Use preserving your entitlements when ready and Ag zoning to keep your taxes down in the meantime! Water & sewer nearby. Paved Roads(Powerline Rd) along the North properties and Arbuckle Creek Rd along the south properties with lakefront multi family apartment complexes & lakefront communities on the other side of road also utilities servicing these adjacent developments ensures your potential ease of development. Development proforma metrics if one rezones for simply 3 units / acre the cost / lakeview unit would only be $9,967 / unit but most would certainly shoot for 1/3 multi family to match the Dinner Lake adjacent use bringing this to potentially ONLY $5,264/ unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD! There are already Offer's on The Table..
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  • MLS#: L4954207 ( Land )
  • Street Address: 1115 Basket Lake Road
  • Viewed: 61
  • Price: $2,257,500
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 89
  • Acreage: 64.50 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Sewer: None
  • Utilities: Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Agricultural
  • Legal Description: BASKET LAKE GROVES IN 17-34-29 TB PG 5-88/TRAILER FARM LOT 8-LESS RR R/W (BASKET LAKE 88 BLOCK)
  • Area Major: 33825 - Avon Park/Avon Park AFB
  • Parcel Number: C-17-34-29-010-0000-0080
  • Possession: Close Of Escrow
  • View: Water
  • Views: 61
  • Zoning Code: AU
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Wade M. Berlin