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Listed by
Bought with
Bought with
$2,257,500
Est. payment /mo
64.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Agricultural
Listing Status Active
Purchase Type For Sale
Subdivision Basket Lake Groves Sec 17
MLS Listing ID L4954207
HOA Y/N No
Annual Tax Amount $916
Lot Size 64.500 Acres
Acres 64.5
Lot Dimensions 898x1609
Property Sub-Type Agricultural
Source Stellar MLS
Property 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..
Location
State FL
County Highlands
Community Basket Lake Groves Sec 17
Area 33825 - Avon Park/Avon Park Afb
Zoning AU
Exterior
Utilities Available Electricity Available
View Water
Building
Lot Size Range 50 to less than 100
Sewer None
Water Well
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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