Lake Idyl Multifamily Development

Listing was updated at: 01/17/2020
Property Overview
Price/Rent PSF $ 1,350,000.00
Asset Type Land
Trade Type Sale
Acres Available 14.46
Date Available 01/17/2020
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Property located in the growing city of Winter Haven, North East, less than one mile to Polk State College. Great access to Highway 17, 6 miles from Highway 27, the vibrant downtown Winter Haven and minutes from shopping, restaurant and services.

Lake Idyl development is a 14.46 acres property located in North East of the growing city of Winter Haven in Polk County FL. Great access to major highway, local restaurant, shops, entertainment and approx one hour from both Orlando and Tampa area.

The site is approved for 84 units as multifamily development (R-3 zoning). Located in both the city limit and the Florence Villa CRA boundary map, this site is exempt of all impact fees excluding water & sewer and has the full support of city officials. Soils are mixed, located in QCT bounderies.

Property is located less than 1 miles from Polk State College campus including 6 degrees, sports facility, a new high school with over 15,000 students. The growing downtown Winter Haven is 2.6 miles with restaurant, a new high-end hotel and shopping. Shopping center and services are both 2.4 miles from anchor store Publix and 3.3 miles from Walmart Supercenter.

Distances from development: Polk State College: 0.8 miles - Downtown Winter Haven: 2.6 miles - Legoland: 6 miles - Downtown Lakeland: 16 miles - Davenport I-4 Exit: 17 miles - Downtown Orlando: 45 miles - Downtown Tampa: 50 miles.

Full demographics and reports available on demand including rent comparables, rent trends, new deliveries, cap rates and more available upon request. Visit our website for more information.