1115 BASKET LAKE RD, AVON PARK, FL 33825

$2,257,500

Active · 81 days on market · MLS# MFRL4954207

Lot size64.5 acres
Property typeLand
WaterfrontYes
Annual taxes$917
CountyHighlands

About this home

64.5+-Acres Prime Lake View Residential Development Land with Medium Density Residential Land Use preserving your entitlements when ready and Ag zoning to keep your taxes down in the meantime! Water & sewer nearby. Paved Roads(Powerline Rd) along the North properties and Arbuckle Creek Rd along the south properties with lakefront multi-family apartment complexes & lakefront communities on the other side of road also utilities servicing these adjacent developments ensures your potential ease of development. Development proforma metrics if one rezones for simply 3 units / acre the cost / lakeview unit would only be $9,967 / unit but most would certainly shoot for 1/3 multi-family to match the Dinner Lake adjacent use bringing this to potentially ONLY $5,264/ unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD! There are already Offer's on The Table..

Listing courtesy of Yezmin Restrepo, ADVANTAGE REALTY 1. Presented by MC Homes Realty Inc · 727432218.

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