Address: 1115 Basket Lake Road, AVON PARK, FL 33825
Description
102+ 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 pr acre the cost pr lakeview unit would only be $9,967 pr 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 pr unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD!
102+ 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 pr acre the cost pr lakeview unit would only be $9,967 pr 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 pr unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD!
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)
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