Thank you
Tania Bobe
LPT Realty LLC
888-777-9611
Take a look at this rare opportunity for a builder/Investor to acquire the only residential development properties in Highlands County that sit on US Highway 27 and Gorgeous Lake Damon in Avon Park Florida. The two connecting properties have over 1,000sqft of Highway and Lake frontage with access off of N Lake Damon Rd with boat ramp access. The properties are zoned R2 and has a Future Land Use designation of Medium Density, Single Family Attached and Duplex. Per Table 2.04.01(A) of the City’s Unified Land Development Code, both Townhouses and Condominiums are permitted uses in the R-2 zoning district. Per the City’s Comprehensive Plan, the Medium Density Residential Future Land Use permits residential development at a maximum of 16 dwelling units per gross acre. Townhouses and condominiums are classified as single-family, attached residential units. Per Table 2.04.01(B) of the City’s Unified Land Development Code, the maximum density allowed for single-family residential development is 6 dwelling units per gross acre. At the current design of 4 floors 96 units were the estimated amount of units to be possible to build and considering a 5 th level can be added with the changes to code and zoning. Also, there may be a possibility to elevate the zoning to higher density project such as a waterfront hotel. Owners willing to owner finance at 50% downpayment. Offering Memorandum with further information upon request. ? Prime Placement on Us Highway 27. ? Gorgeous Water Views on Lake Damon. ? 1 hour from Disney World and Amusements Parks. ? 20 Minutes from Sebring International Raceway. ? Due to Influx of New Residents, Housing Especially Luxury is Highly Sought After. ? Ability to Build up to 5 Floors.
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Total Baths: 0
Sewer : None
Lot Features: Corner Lot,Interior Lot,Other,See Remarks
Original List Price: $1,900,000
Parcel Number: A-09-33-28-A00-0010-0000
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
112 E Hal Mcrae Boulevard, Avon Park, FL,33825 | $20,000 | -- | -- | -- | 0.11 Acre |
2316 W Nassau Road, Avon Park, FL,33825 | $40,000 | -- | -- | 40,000 | 0.46 Acre |
3215 N Amherst Road, Avon Park, FL,33825 | $40,000 | -- | -- | 16,000 | 0.37 Acre |
920 Lake Lotela Drive, Avon Park, FL,33825 | $995,000 | -- | -- | -- | 24.31 Acres |
2642 N Rehrer Road, Avon Park, FL,33825 | $25,000 | -- | -- | -- | 0.33 Acre |
2825 W Gaffney Road, Avon Park, FL,33825 | $20,000 | -- | -- | 10,200 | 0.23 Acre |
2848 W Redondo Road, Avon Park, FL,33825 | $20,000 | -- | -- | 10,200 | 0.23 Acre |
2817 W Cordova Road, Avon Park, FL,33825 | $20,000 | -- | -- | 10,200 | 0.23 Acre |
2948 N Huron Road, Avon Park, FL,33825 | $20,000 | -- | -- | 8,000 | 0.18 Acre |
1552 Sunpure Road, Avon Park, FL,33825 | $699,000 | -- | -- | -- | 9.3 Acres |
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Heartland Association of REALTORS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2024 Heartland Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 04/29/2024 @ 13:39
MLS: 302859
LISTED BY: Tania Bobe, LPT Realty LLC
SOURCE: HLAND
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.