Land - Real Estate in Kissimmee
Listing Price: $4,700,000
Description of Property
Don’t miss out on this one perfect 12.34 acre property available for residential redevelopment! This property has been approved for 52 single family lots (preliminary site plan available). Option 1: Cost-Effective Enhancement Plan - Estimated Duration: 6 (+-) months - Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: • Requesting Osceola County approval to only improve Anderson Road up to the project entrance. • Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+-). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns. Option 2: Major Redevelopment Plan - Estimated Duration: 12 (+-) months - Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost-reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Property Details At A Glance
Property Type: Land
City: Kissimmee
County: Osceola
Subdivision: Acreage & Unrec
Annual Tax: $14,203
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): 12.34
Lot Size (sq. ft.): 537,618 square feet
Lot Dimensions: 500' x 1075'
Legal Description & Other Information
Parcel Number: 012628000000930000
Zoning: RS-2
Tax Legal Desc.: BEG 621 FT W & 25 FT N OF SE COR GOVT LOT 2, N 500 FT, W 1075.5 FT, S 500 FT, E 1075.5 FT TO POB
Section: 1
Range: 28E
Listing courtesy of COMMERCIAL REAL ESTATE PROF IN. 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.
