$3,051,295 for Sale
1115 basket lake road , avon park, FL 33825
Property Description
102+-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 pr acre the cost pr lakeview unit would only be $9,967 pr 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 pr unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD!
General Information
Sale Price: $3,051,295
Price/SqFt:
Status: Active
MLS#: L4954207
City: avon park
Post Office: avon park
County: Highlands
Subdivision: basket lake groves sec 17
Acres: 102.05
Lot Dimensions: 5 parcels
Size:
Acreage: 102.05 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $917
Legal Description: BASKET LAKE GROVES IN 17-34-29 TB PG 5-88/TRAILER FARM LOT 8-LESS RR R/W (BASKET LAKE 88 BLOCK)
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Yezmin Restrepo of ADVANTAGE REALTY 1, Phone: 863-386-1111
