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Investment Highlights

  • Residential Medium Future Land Use
  • 540 FT of frontage on 42nd St NW & 900 FT of frontage on Lake Blue
  • Close proximity to U.S Hwy 92 & Polk Parkway
  • Commercial or Industrial Development site with land use change
  • 15,500 ± Vehicles per Day on 42nd ST NW

Executive Summary

Presenting a prime development opportunity at 1701 42nd Street, Auburndale, Florida. This expansive 6.8-acre property, comprising four parcels, offers approximately 900 feet of frontage on Lake Blue and 540 feet along 42nd Street NW.
Key Features:
Land Use: Designated as Residential Medium, permitting up to 10 units per acre. Potential exists for commercial, subject to land use modification or annexation and rezoning into Auburndale.
Accessibility: Strategically located near U.S. Highway 92 and the Polk Parkway, with an average daily traffic count of approximately 15,500 vehicles on 42nd Street NW.
Lot Characteristics: The property features a buildable, irregular lot within city limits, encompassing stocked fishing ponds and approximately 900 feet of lake frontage.
This property presents a versatile investment opportunity, suitable for residential development or, with appropriate approvals, commercial or industrial projects.

Property Facts

Price $1,300,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hold For Development
  • Planned Unit Development
  • Single Family Development
Total Lot Size 6.80 AC
Opportunity Zone Yes
Zoning Residential Medium Land U - Residential Medium Land Use

1 Lot Available

Lot

Price $1,300,000
Price Per AC $191,176.47
Lot Size 6.80 AC

Presenting a prime development opportunity at 1701 42nd Street, Auburndale, Florida. This expansive 6.8-acre property, comprising four parcels, offers approximately 900 feet of frontage on Lake Blue and 540 feet along 42nd Street NW.

Description

Presenting a prime development opportunity at 1701 42nd Street, Auburndale, Florida. This expansive 6.8-acre property, comprising four parcels, offers approximately 900 feet of frontage on Lake Blue and 540 feet along 42nd Street NW. Key Features: Land Use: Designated as Residential Medium, permitting up to 10 units per acre. Potential exists for commercial or industrial development, subject to land use modification or annexation and rezoning into Auburndale. Accessibility: Strategically located near U.S. Highway 92 and the Polk Parkway, with an average daily traffic count of approximately 15,500 vehicles on 42nd Street NW. Lot Characteristics: The property features a buildable, irregular lot within city limits, encompassing stocked fishing ponds and approximately 900 feet of lake frontage. This property presents a versatile investment opportunity, suitable for residential development or, with appropriate approvals, commercial or industrial projects.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 25-28-13-340500-000129
  • 25-28-13-344000-008702
  • 25-28-13-344000-008701
  • 25-28-13-344000-008750
Land Assessment
$378,664
Improvements Assessment
$0
Total Assessment
$378,664
  • Listing ID: 35253489

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 1701 42nd st, Auburndale, FL 33823

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