Land - Real Estate in Frostproof
Listing Price: $55,000
Description of Property
Tucked away just minutes from downtown, this versatile .49-acre parcel sits on the edge of town in a great up-and-coming neighborhood, with a brand-new housing development just across the street and continued improvements throughout the area. Pride of ownership is showing, with neighbors actively fixing up and upgrading their homes—making this location more and more sought after. The parcel may have the potential to build (buyer to verify) and includes a very well-built 25x20 building already on site. Currently being used for storage, it could be a great fit for your daily needs—ideal for a home-based business setup, equipment/tool storage, or parking vehicles. An operational well is already in use on the property, and the lot is partially fenced for added privacy and functionality. Even better, the property behind has a mobile home currently rented, and the property next door is a home currently rented. With two additional neighboring properties also available, this creates a rare opportunity to assemble three income-producing properties—a strong setup for a high-cap-rate investment package, or a buy-and-hold strategy where you could live in one and rent the others. Buyer to do their due diligence regarding zoning, building requirements, permitted uses, and rental/income potential, and to verify any and all information with the City of Frostproof and Polk County.
Property Details At A Glance
Property Type: Land
City: Frostproof
County: Polk
Annual Tax: $225
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: None
Water Source: Well
Lot Information
Lot Size (acres): 0.49
Lot Size (sq. ft.): 21,371 square feet
Lot Dimensions: 171 x 126
Road Frontage: City Street
Current Adjacent Use: Residential
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 283130000000043640
Zoning: RE-1
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: BEG 572 FT E & 860 FT S OF NW COR OF SW1/4 RUN E 171 FT S 126 FT W 171 FT N 126 FT TO POB LESS RD R/W PER MB 16 PG 23-25
Section: 30
Range: 28
Listing courtesy of 1513 REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
