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0 Sullivan Road - Multi Family Land 3.08 Acres of Commercial Land Offered at $495,000 in Davenport, FL 33896
Investment Highlights
- Prime vacation-rental development location minutes from Walt Disney World.
- Adjacent to major mixed-use and multifamily projects including the $170M Vision Spa & Resort.
- Situated within the high-growth Reunion Resort corridor with continuous new investment.
- Strong condo and vacation-home demand with area sales starting around $695,000.
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 3.08 AC |
| Price Per AC | $160,714.29 |
| Price | $495,000 |
| Price Per AC | $160,714.29 |
| Lot Size | 3.08 AC |
3.08 Acres of land in 3 parcels. Zoning is CCP which allows for many uses, including Multi Family at 18 units per acre. +/- 1.55 Acres are wetland and will need mitigation and land fill. Mitigation & Fill cost will be deducted from the Price.
Description
Great location to develop Vacation Homes near Walt Disney World Resorts and All Central Florida Attractions. Locate in the Reunion Area near new Reunion Multifamily Development and Vision Spa and Resort which is a $170 million mixed-use resort community- featuring single family homes & townhomes & a 180-unit condo-hotel & retail space. Land is 3.08 Acres with +/- 1.55 Acres of Wetlands which will required mitigation and land fill. This cost has to be discovered and the sales price reduced accordingly This area has CCP Multi Family zoning properties For Sale at $743,000 per acre or $41,277 per unit raw land cost. The demand in this area for Vacation Condos is very strong with Condo Sale Prices from $695,000 and up. Please call for further information.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $98,500 | Total Assessment | $98,500 |
Property Taxes
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0 Sullivan Road - Multi Family Land
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