Listed by Saunders Real Estate
$1,600,000
Polk City Development Land
Details
Property Type Land
Sub Type Residential, Commercial
Price Per Acre $85,516
Acreage 18.710
Zoning R-4: Mixed Residential
15.8 Upland Acres | Transitional Development Land
Marketing description
This is a unique opportunity to acquire sizable development land in one of Florida’s quickest growing corridors. This 18.7 ± acre (15.8 ± upland) site previously held a PUD for 168 multifamily units, and the City has shown openness to alternative commercial uses, providing flexibility for development. The property also supports potential for a manufactured housing community, meeting growing demand for attainable housing. Its value is further enhanced by strong local and regional growth, driven by Florida Polytechnic University and the rapid expansion of Polk County, one of the fastest growing MSA's in the United States.
Investment highlights
- There is water is on site and sewer nearby
- Road frontage on both State Road 33 and Citrus Grove Blvd N
- Located a couple of miles north of Florida Polytechnic University
- Sandy soils drain north into wetland areas
Listing Contacts
Listed by Saunders Real Estate
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