Land - Real Estate in Avon Park
Listing Price: $4,205,730
Description of Property
Prime Commercial/Residential Mixed-Use Development Site encompassing 140.66± acres with adjacent existing high-value industrial and retail along 1,500+ feet of CR 17A W frontage and 2,400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low- and high-density residential communities, just minutes from US 27 high-traffic retail and close to major industrial employers like Nucor (the area’s highest-paying employer). Buy this one-of-a-kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial uses—taking your potential profit with extremely low carrying costs. Or simply sell off the road frontage into 5–11 acre tracts while holding the northerly portion for the biggest potential return next to Lake Pythias. All property has water and sewer in place and a tremendous amount of road frontage on two sides, with prime developments at each end, making this a property surrounded by proven markets and successful businesses. Don’t miss out on this before it sells. MLS # 317362 The northeasterly adjacent 31 acres of lakefront can be purchased separately, which could tremendously enhance this investment even more.
Property Details At A Glance
Property Type: Land
City: Avon Park
County: Highlands
Annual Tax: $917
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 140.66
Lot Size (sq. ft.): 6,127,150 square feet
Lot Dimensions: 4259
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: C103328A0000800000
Zoning: AU
Tax Legal Desc.: A 74.36 ACRE TR IN E 1/2 OF SEC 10 LYING E+ W OF ABND ACL RR R/W + E 15 FT OF ABANDONED RR R/W RUNNING N + S THRU ALL SEC 10 IN W 1/2 OF E 1/2 10-33-28/8 74.36 AC
Section: 10
Range: 28E
Listing courtesy of ADVANTAGE REALTY 1. 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.
