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Residential Development Land close to Eagle Lake

Listing was updated on: 06/03/2019
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Property Overview

Price/Rent PSF $ 475,000.00
Asset Type Land
Trade Type Sale
Acres Available 13.70
Date Available 12/21/2018
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Description

Location
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.

Sale
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.

RENTAL PROPERTY INFORMATION
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.

Location

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