Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

5161 Berkley Rd - Auburndale Multifamily Apartment Site 17.62 17.62 Acres of Commercial Land Offered at $2,663,733 in Auburndale, FL 33823

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 17.62 Acres of Multi Family Apartment Land in Growing Auburndale along Berkley Road.
  • Master lift station currently being undertaken on a property just to the south. Project scheduled for completion Aug
  • Addresses include - 5161 Berkley Road, 100 My Way Drive and 1913 County Road 655, Auburndale.
  • Property annexation will create the ability to sustain 14 units per acre, 225-250 units. 50 foot max height /3 story structure.
  • AADT 10,400 on Berkley Road, 44,000 on US 92. Property tax total - $7,131.
  • Survey available. Multifamily rendering also available.

EXECUTIVE SUMMARY

Highest and best likely to be apartment multifamily.

PROPERTY FACTS Under Contract

Price $2,663,733
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Multifamily
  • Retail Warehouse
Total Lot Size 17.62 AC
No. Stories 1
Zoning RC - Currently zoned in the county - approval given to annex into the City of Auburndale with a multi family zoning designation, likely PD-H2.

1 LOT AVAILABLE

Lot

Price $2,663,733
Price Per AC $151,176.67
Lot Size 17.62 AC

3 parcels totaling 17.62 acres. 17.62 Acres Price Per Acre $151,177

DESCRIPTION

We are pleased to present a prime multifamily apartment site located in the rapidly growing city of Auburndale, Florida, at the intersection of Berkley Road and Pace Road. This expansive property spans 17.62 acres across three parcels. Currently zoned in Unincorporated Polk County, the City of Auburndale has granted pre-approval for annexation, with the property adjacent to the TECO Trail. A "PD-H2" zoning classification is anticipated, allowing for 14 units per acre. A master lift station development is currently underway to the south of the property, which will service this site and is scheduled for completion in August 2025. Water and sewer connections are readily accessible; further details can be provided upon request. Strategically located just a few miles north of US 92, an essential east/west thoroughfare serving the state, Auburndale is ideally situated along the I-4 corridor, which connects Tampa and Orlando, as well as between Lakeland and Winter Haven, FL. The site benefits from proximity to Berkley Charter School directly across the street and Florida Polytechnic University nearby. Additionally, it is just minutes from the US 92 corridor, offering convenient access to major retailers, grocery stores, and dining options. The Polk Parkway, a toll highway providing efficient transportation throughout Polk County, is also in very close proximity, linking Exits 26-41 on Interstate 4.

  • Listing ID: 35656529

  • Date on Market: 4/28/2025

  • Last Updated:

  • Address: 5161 Berkley Rd, Auburndale, FL 33823

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}