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Burns Ave - Iron Mountain Residential Planned Development

76.95 Acres of Residential Land Offered at $12,000,000 in Lake Wales, FL 33853

Investment Highlights

  • Zoned R-3 - PD (Planned Development)
  • Prime location in an active residential development area
  • Ideal for Residential Development
  • Versatile investment opportunity

Executive Summary

This is an area of very active residential development and home building. This property is within the City limits of Lake Wales (Polk County). Retail, commercial, and restaurants are all close by as well as the Bok Tower Gardens outdoor attraction. This is really centrally located to the east or west coast of Florida. North and South major roads are a short driving distance away.

Property Facts

Price $12,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 76.95 AC

1 Lot Available

Lot

Price $12,000,000
Price Per AC $155,945
Lot Size 76.95 AC

76,95 Acres Price Per Unit 23,076

Description

Introducing a unique opportunity for a developer or builder. This property on Burns Ave in Lake Wales, FL offers 520 total units, perfectly poised for residential development. Zoned R-3 - PD (Planned Development), it presents an opportunity in an area of growth. Nestled in an area of excellent Residential Development, this prime location offers close proximity to shopping and essential amenities, making it an excellent prospect for a residential developer or builder. With a growing and active community, this property sets the stage for a promising residential venture.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-29-22-866300-041010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$443,020

zoning

Zoning Code R-3 - PD (R-3 - PD (Planned Development))
R-3 - PD (R-3 - PD (Planned Development))
  • Listing ID: 32199586

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: Burns Ave, Lake Wales, FL 33853

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