Old Lucerne Rd - State Road 544
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Old Lucerne Rd - State Road 544
13.77 Acres of Commercial Land Offered at $4,800,000 in Winter Haven, FL 33881
Executive Summary
Location: Strategically located with dual access from State Road 544 and Old Lucerne Park Road, Winter Haven, Florida.
Future Traffic Growth 2026: State Road 544 is set to expand to a 4-lane road, significantly increasing traffic counts and boosting visibility and accessibility.
Zoning: The property is zoned C-3 and PUD (Planned Unit Development) for a mixed-use of commercial and residential.
Residential Density: Permitted under Section 21-45 as a Neighborhood Activity Center, allowing up to 6 stories(65 ft.) in elevation.
Development Potential: Suitable for an Adult Living Facility with the potential to build over 400 doors.
Acreage:
Parcel 1: Approximately 9.31 acres.
Parcel 2: Approximately 4.17 acres.
Parcel 3: Approximately 0.29 acres.
Total Area: A combined total of 13.77 acres, with an additional 0.75 acres of neighboring property available if needed.
Opportunity Zone: Property is available for Opportunity Zone designation, offering potential tax incentives for investors.
Utilities: Ready for commercial and residential development (contact municipality for detailed utility availability-electricity, gas, water, sewer, and phone).
Taxing District: Within the Winter Haven/SWFWMD taxing district.
Community Redevelopment: Not located in a CRA-designated area, offering more planning flexibility.
Market Potential:
Directly across the street, a 400-home residential neighborhood is under development, and hundreds more in surrounding area creating a strong demand for supporting commercial and mixed-use infrastructure.
Ideal for retail, mixed-use developments, or industrial projects in a rapidly growing area.
Accessibility: Dual entrances provide excellent connectivity to major roadways and convenient access for commercial and residential traffic. FLDOT approved entrance
Property Value: Assessed land value with favorable tax rates ensures cost efficiency for investors?
Owner financing available: Owner may have interest in financing 50% of the purchase price.
Some Civil Engineering has been started: Basic perch test and storm water retainage.
Future Traffic Growth 2026: State Road 544 is set to expand to a 4-lane road, significantly increasing traffic counts and boosting visibility and accessibility.
Zoning: The property is zoned C-3 and PUD (Planned Unit Development) for a mixed-use of commercial and residential.
Residential Density: Permitted under Section 21-45 as a Neighborhood Activity Center, allowing up to 6 stories(65 ft.) in elevation.
Development Potential: Suitable for an Adult Living Facility with the potential to build over 400 doors.
Acreage:
Parcel 1: Approximately 9.31 acres.
Parcel 2: Approximately 4.17 acres.
Parcel 3: Approximately 0.29 acres.
Total Area: A combined total of 13.77 acres, with an additional 0.75 acres of neighboring property available if needed.
Opportunity Zone: Property is available for Opportunity Zone designation, offering potential tax incentives for investors.
Utilities: Ready for commercial and residential development (contact municipality for detailed utility availability-electricity, gas, water, sewer, and phone).
Taxing District: Within the Winter Haven/SWFWMD taxing district.
Community Redevelopment: Not located in a CRA-designated area, offering more planning flexibility.
Market Potential:
Directly across the street, a 400-home residential neighborhood is under development, and hundreds more in surrounding area creating a strong demand for supporting commercial and mixed-use infrastructure.
Ideal for retail, mixed-use developments, or industrial projects in a rapidly growing area.
Accessibility: Dual entrances provide excellent connectivity to major roadways and convenient access for commercial and residential traffic. FLDOT approved entrance
Property Value: Assessed land value with favorable tax rates ensures cost efficiency for investors?
Owner financing available: Owner may have interest in financing 50% of the purchase price.
Some Civil Engineering has been started: Basic perch test and storm water retainage.
Property Facts
| Price | $4,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 13.77 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $4,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 13.77 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $4,800,000 | Lot Size | 13.77 AC |
| Price Per AC | $348,583.88 |
| Price | $4,800,000 |
| Price Per AC | $348,583.88 |
| Lot Size | 13.77 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $268,618 | Total Assessment | $268,618 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$268,618
Improvements Assessment
$0
Total Assessment
$268,618
zoning
| Zoning Code | C-3/NAC (Commercial) |
| C-3/NAC (Commercial) |
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Old Lucerne Rd - State Road 544
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