Land - Real Estate in Lakeland
Listing Price: $1,200,000
Description of Property
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 Details At A Glance
Property Type: Land
City: Lakeland
County: Polk
Annual Tax: $850
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Lake
Water Access: Yes
Water Access Type: Lake
Water View: Lake
Water Name: Lake Hunter
Exterior & Construction
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Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
- Buildable
- Cleared
- City Lot
- In County
- Level
- Oversized Lot
- Sidewalk
Lot Size (acres): 1.92
Lot Size (sq. ft.): 83,635 square feet
Lot Dimensions: irregular
Road Frontage: Street Paved, City Street
Front Exposure: South
Adjoining Property:
Current Adjacent Use: Multi-Family
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 232824000000042030
Zoning: MF-24
Tax Legal Desc.: 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
Listing courtesy of REAL FL PROPERTIES 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.