Listing Saved
Email Sent

Old Kissimmee Rd Multifamily Devel

Old Kissimmee Rd : Davenport, FL 33896

Polk County, Florida

Shown by Appointment Only

10.34 Acres
$3,600,000 USD
$348,162 / ac
Create a FREE Ranch Buyer Profile or sign in to save this ranch. DISMISS

Ranch Description

This site is a great multifamily development opportunity, located within the fastest growing area of the county. It is just over 10 acres and there are about 8.4 ± upland acres and 2 ± wetland acres. The vacant land is zoned RMX which allows for 15 units/acre however, with planning commission approval it could allow for 20 units/acre.

Townhouse or multifamily developments such as apartments would be ideal for this site. The RMX zoning allows for a 3-4 story complex with a 50 FT height allowance and 120 units or with planning commission approval, 180 units. In addition, the site would require two (2) access points.

A major advantage of this property is its location. With Polk County being one of the fastest growing counties in the state, there is a continued demand for real estate. This site in particular is within the I-4 corridor, only 1 ± hour east of Tampa and 35 ± minutes south of Orlando. Major developments are underway with the recent development of the Publix Super Market at Loughman Crossing, the new Mater Academy charter school just south of the site, and a proposed 288 unit apartment complex at the southwest corner of Ronald Reagan Pkwy and Hwy 17-92. In addition, this site is adjacent to Loughman Park with amenities such as soccer, basketball, and a playground.

Proximity to major developments.

Minutes from I-4.

Located in one of the fastest growing counties.

Ranch Maps & Attachments

Directions to Ranch

From I-4 E; take exit 58 onto Osceola Polk Line toward Poinciana/Kissimmee & continue for 5 ± miles; turn right on Old Tampa Hwy & head south for 1 ± mile; property will be to the left.

More Ranch Details

Residential Zoning
Flat Terrain
Paved Road Access
Water Service
Sewer Service
Ranch Keywords
Assessor Parcel Number (APN)
27-26-12-702500-004191
RANCHFLIP ID
357950

Ranch Price History

Date
Price
$ +/-
% +/-
11/7/24
$3,600,000
$1,275,000
26.2%
Ranch features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by RANCHFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Buyers should exercise their own due diligence when purchasing real estate. RANCHFLIP is not a party to any portion of the real estate transaction between a buyer and seller on this site. Contact the seller directly regarding this listing.