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- LoopNet Team
0 Oak Loop
Mulberry, FL 33860
Meadow Oaks · Land For Sale
·
10.00 AC
INVESTMENT HIGHLIGHTS
- 42 Villa development, Pad Ready to build TODAY!
- Great location south of Lakeland, off Shepherd Road
- Fully entitled property ready to build
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 10.00 AC |
| Zoning | PUD | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 10.00 AC |
| Zoning | PUD |
DESCRIPTION
Prime development opportunity! 42 pad ready Villas ready to build with all infrastructure in place. The current owner has gone before the COA Board and received approval for his style of building with a garage. Building is designed for 2 bedroom, 2 bathroom and a den/office. Owner estimates each completed Villa unit will sell for $205,000 to $220,000 depending on finishes. Or build them all and keep as a 42 unit rental property. Current owner has the majority vote for the association and is currently President of the COA. Other two Board Members are developer friendly. COA monthly fees do not start until Certificate of Occupancy is achieved for each Villa. Polk County Utility will show water and sewer locations. TECO Electric is the supplier. All underground lines and transformer in place. Current Owner has Soil Boring Reports, all good and ready to build today! Association has pool and club house. Association is responsible for all exterior maintenance and yard. Association also includes cable/internet.
PROPERTY TAXES
| Parcel Number | 23-29-27-142030-000630 | Improvements Assessment | $196,900 |
| Land Assessment | $100 | Total Assessment | $197,000 |
PROPERTY TAXES
