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1115 Basket Lake Rd
Avon Park, FL 33825

$2,257,500 USD

Land For Sale  •  64.5 AC

Property Details

  • Property Type Land
  • Lot Size 64.5 AC
  • Zoning AU
0 Transit Score
0 Walk Score

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 per acre the cost per lakeview unit would only be $9,967 per 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 per 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..

Highlights

64+-Ac Lakeview Res. Dev. Land with Medium Density Residential Land Use
Development proforma metrics if one rezones for simply 3 units per acre the cost per lakeview unit would only be $9,967 per unit
Dinner Lake adjacent use bringing this to potentially ONLY $5,264 per unit well under what other's have recently appraised for.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
8 min - 2.7 mi
Gregory Karlson 863-381-4932 Advantage Realty #1
Gregory Karlson 863-381-4932 Advantage Realty #1