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Waterfront Dixieland Multifamily

Listing was updated at: 07/31/2019
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Property Overview

Price/Rent PSF $ 349,000.00
Asset Type Land
Trade Type Sale
Acres Available 1.92
Date Available 07/31/2019
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Description

Location
Located in the trendiest district, Dixieland Historic in Lakeland Florida, centrally located with easy access to Downtown Lakeland, Polk Parkway and US 98. Minutes from mall, shopping, restaurant, medical and entertainment.

Sale
This waterfront multifamily development is a 2± acres property located in Dixieland Lakeland, growing area of Polk County FL. Central access to Polk Parkway and Interstate 4.

The property land use is MF-12 with a density of 24 units however density may be increase, up to 3/4 stories building. The city would be highly favorable for Bungalow Court. Other use include assisted living center, duplex, triplex, quadruplex, apartments, town homes or single family residence. Public dock available on Lake Hunter. Soils are mixed, located in SADDA & QCT bounderies and AADT on Sikes Blvd is 26,500.

CITY IMPACT FEES WAIVED ($9,713/units as of October 2018).

Property is located less than 1.5 mile from the vibrant and strong workforce Downtown Lakeland and less than 1 miles from the trendy Dixieland District Reputable businesses including restaurant, services, religious and medical within distance. Noticeable point of interest nearby includes the new RF Funding Center (events, concert, sports, conference), Florida Southern College, Lake Hollingsworth and a strong employment based with Publix distribution center, corporate and food processing factories.

The seller is open to creative opportunities including but not limited to long term land lease / build to suit and joint venture with experienced developers. 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.

Location

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