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..
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..
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)
Prime commercial opportunity along the bustling US Highway 27 corridor! This listing features three combined lots totaling approximately 8.06 acres, offering an ideal opportunity for development. Loca
54.77+ Acre Multi Family Development Site Zoned R3 FUD Land Use High Density Res Estimated 328+ Units priced at Only $7,000 per unit. Water & Sewer are close by with easy access to US Hwy 27 located b
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