Land - Real Estate in St Cloud
Listing Price: $1,200,000
Description of Property
Prime development opportunity in the rapidly expanding St. Cloud market. This ±4-acre site is zoned R-3 with a Future Land Use designation of Medium Density Residential, supporting a variety of residential development concepts. Per the City of St. Cloud, the R-3 zoning district permits townhome development with a maximum allowable density of up to 10 units per acre, offering the potential for an efficient, small-scale residential project. The site is currently improved with five mobile homes operating as single-family rental units on month-to-month leases. Four of the units are currently leased, providing the potential interim income during planning. A community-use well services the existing residences. The property’s size, zoning, and future land use designation position it well for redevelopment, with flexibility for site planning, subject to municipal approvals. Seller has completed significant upfront due diligence, including a Boundary and Topographic Survey and a Geotechnical Exploration Report, which will be provided to prospective buyers to help streamline the development process. This offering presents an opportunity to acquire a well-located infill parcel with near-term development potential.
Property Details At A Glance
Property Type: Land
City: St Cloud
County: Osceola
Subdivision: Davis Island
Annual Tax: $5,616
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Size (acres): 4.08
Lot Size (sq. ft.): 177,724 square feet
Lot Dimensions: 216 x 634 x 329 x 362 x 111 x 362
Additional Parcels: Yes
Additional Parcels Description: 11 26 30 0614 0001 0040
Legal Description & Other Information
Parcel Number: 1126302931000100A0
Zoning: ORMH
Tax Legal Desc.: DAVIS ISLAND PB 13 PG 110 TRACT A LESS COM AT SW COR LOT 2, S 7.5 FT, E 70 FT, N 7.5 FT, W 70 FT TO POB and DAVIS ISLAND PB 13 PG 110 LOT 4
Section: 11
Range: 30E
Listing courtesy of FLORIDA PINES 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.
