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Residential Development Land close to Eagle Lake
Listing was updated at: 12/07/2018
Property Overview
Price/Rent PSF $ 475,000.00
Asset Type Land
Trade Type Sale
Acres Available 13.70
Date Available 12/07/2018
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Located close to the City Limits of Eagle Lake and close to Hwy 17 and Spirit Lake Road. Making this a primary location for residential homes. Eagle Lake Elementary School is located just .74 mile from the property.

13.70± acres of prime residential land with 3 rental properties included (currently generating $1,650 per month). 12+ acres is currently in use for agriculture as a goat farm but this property is perfect for an investment or to build single family homes. Future land use is RL-3 with water and sewer lines on Spirit Lake Rd (per Polk County Planner). With frontage on Old Bartow/Eagle Lake Rd the entrance of a subdivision could be placed where the current rental properties are located.

Potential buyers have the option to purchase only the 12.78± for $380,000/$19,733 Acre

PLEASE CALL APRIL FOR GATE LOCK COMBINATION. Livestock on premises and you are responsible when entering property to keep gate closed and locked when you leave.

The 3 mobile homes have a commercial TECO meter account that current landlord furnishes for water use only.

MH #1 on the corner: 1985 Sands, 14x48, 2BR/1 bath. CHA, ceiling fans, carport & deck, 8x8 Smithbilt shed, new kitchen cabinets, all electric, remodeled in 2015. $525/mo. Includes washer/dryer.

MH#2 in the middle: 1986 River, 14x56, 2BR/1 bath. Bath is larger with garden tub, CHA, ceiling fans, $525/mo. 10x12 metal shed.

MH#3 next to farm: 1987 Spec 14x60, 2BR/2BA, CHA, ceiling fans, 8x10 Smithbilt shed, carport with concrete, remodeled kitchen, bath vanities in 2014, $600/mo.

The ceilings of these MH's are vaulted/cathedral style.


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