• 108 Lake Hunter Drive LAKELAND, FL 33803

  • $1,200,000
  • 83,635
    Sq Ft
  • 1.92
    Acres
  • Listed By: REAL FL PROPERTIES LLC
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

OVATION AT LAKE HUNTER, a 24-unit Apartment complex with 2 12-unit buildings fully entitled with site plan approved, building permit, water and wastewater permits in place in Lakeland, FL. In the heart of the DixieLand area of Lakeland, with all public utilities available on-site. Highlights of OVATION AT LAKE HUNTER - Shovel ready Lakefront property offers all 24 units with 2 bedrooms and 2 bathrooms with a laundry room. Each unit 1200 Sft makes it one of the most desirable apartments in Lakeland. All Utilities available on-site and the Impact fees waived by Lakeland city and the school concurrency. ***Seller Financing Available*** Market Highlights – Per Costar Submarket average 12 mo. Vacancy: 5.5% Submarket 12 mo. Asking rent growth: 18% Submarket projected Vacancy YE 2022: 5% Submarket projected asking rent growth YE2022: 9%

Property Type :

Land

County :

Polk

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Public

Lot Information

Lot Dimensions: irregular

Lot Description: Buildable, Cleared, City Limits, In County, Level, Oversized Lot, Sidewalk, Paved

Lot Square Feet: 83635

Lot Acres: 1.92

Lot Size (SqMt): 7770

Property Information

Property Type: Land

Listing Price Information

Original List Price: $1200000

Tax Information

Tax Book Number: P-81

Tax Legal Description: N 412.5 FT OF THE FOLLOWING BEG 514.5 FT N & 150 FT W OF SE COR OF W1/2 OF SE1/4 OF SW1/4 RUN N 805.5 FT TO N-LINE OF SE1/4 OF SW1/4 W 152 FT S 805.5 FT E 152 FT TO POB LESS S 393 FT & LESS LAKE HUNTER DR R/W

Annual Tax: $850

Tax Year: 2022

Parcel Number: 23-28-24-000000-042030

Utility Information

Public

Sewer: Public Sewer

Water Source: Public

Location Information

City: LAKELAND

Direction: Lakeland Downtown - less than 2 miles Head west on E Walnut St toward S Indiana Ave - 253 ft Slight right onto Lake Morton Dr - 0.5 mi Turn right onto E Palmetto St - 0.2 mi Turn left onto S Missouri Ave - 0.3 mi Turn right at the 3rd cross street onto Cresap St - 0.4 mi Continue onto Lake Hunter Dr Destination will be on the left - 0.4 m Tampa International Airport Get on E State Rd 60 E - 5 min (3.2 mi) Drive from I-4 E to Lakeland. Take exit 31 from I-4 E - 34 min (36.8 mi) Follow Kathleen Rd and FL-563 S to Lake Hunter Dr - 7 min (4.0 mi)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
514 Hunter Street, Lakeland, FL,33803 $299,800 2 2 1,135 0.17 Acre
2025 Sylvester Road #2, Lakeland, FL,33803 $137,000 2 2 1,099 0.01 Acre
408 Windsor St, Lakeland, FL,33803 $130,000 -- -- 5,450 0.13 Acre
Windsor St., Lakeland, FL,33803 $130,000 -- -- 5,450 0.13 Acre
3139 Troy Avenue, Lakeland, FL,33803 $377,500 4 3 2,253 0.21 Acre
2025 Sylvester Road #N302, Lakeland, FL,33803 $114,900 1 1 854 0.01 Acre
1160 E Edgewood Drive, Lakeland, FL,33803 $204,900 2 1 1,354 0.16 Acre
3300 Bridgefield Drive, Lakeland, FL,33803 $4,900,000 5 6 6,732 5.86 Acres
1423 Faye Avenue, Lakeland, FL,33803 $169,900 2 1 748 0.1 Acre
415 W Oak Drive, Lakeland, FL,33803 $335,900 3 2 1,098 0.16 Acre

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Based on information submitted to the MLS GRID as of 04/29/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/29/2024 @ 06:20

MLS: MFRMLS #O6139934
LISTED BY: Lakshmi Vemuri, REAL FL PROPERTIES LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
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.

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