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$850,000
Prime development opportunity – 5.89 dry acres in flood zone x located in rapidly growing auburndale, fl located at a stop light intersection (left in/ left out) recker hwy/lake lena oaks blvd and us hwy 92. presenting an exceptional investment opportunity just off us highway 92 in auburndale, florida. this 5.89-acre parcel (256,568 sf), zoned rg-1, allows 15 units per acre, and is situated in a high-growth corridor that offers both strong income potential and long-term appreciation. strategically positioned near major transportation arteries—including us hwy 92, recker highway, polk parkway (toll 570), and i-4—this site ensures excellent connectivity and high visibility, with a daily traffic count of approximately 36,000 vehicles. its proximity to shopping centers, schools, and other essential amenities further increases its appeal to prospective tenants and developers alike. this expansive property presents versatile development potential, making it an ideal candidate for multifamily residential projects, hotel developments, or acquisition by reits and private equity firms. as part of the flourishing auburndale market, the land benefits from a strong upward trajectory in property values and demand, reinforcing its position as a stable and promising asset within central florida’s booming real estate landscape.Other Land - for Sale
ABUNDANT LIFE, AUBURNDALE, FL 33823
Asking Price$850,000
Share by:
- Lot size 256756sqft
- Taxes: Register to see
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Days on market:
77 day(s) Original Price:
$850,000Tax Legal Description:
BEG AT SE COR TRACT A OF ABUNDANT LIFE ESTATES PHASE ONE PB 93 PG 11 RUN S 01 DEG 09 MIN 06 SEC E 21.72 FT N 88 DEG 51 MIN 54 SEC E 94.68 FT FOR POB RUN S 280.65 FT W 545.82 FT S 45 DEG W 52.13 FT W 260 FT TO WLY LINE OF NE1/4 OF SE1/4 RUN S ALONG SA ID WLY LINE TO PT LYING 35 FT N OF SW COR OF NE1/4 OF SE1/4 RUN E PARALLEL TO S LINE OF NE1/4 OF SE1/4 TO PT LYING 25 FT W OF E LINE OF W1/2 OF E3/4 OF NE1/4 OF SE1/4 RUN S 35 FT E 17 FT N 272.5 FT E 8 FT N TO PT LYING N 88 DEG 51 MIN 34 SEC E 5.32 F T FROM POB RUN S 88 DEG 51 MIN 34 SEC W 5.32 FT TO POB LESS THAT PT THEREOF LYING IN FOLL DESC PROP: COM SE COR OF W1/2 OF E3/4 OF NE1/4 OF SE1/4 OF SEC N89-15-35W 8 FT ALG S LINE OF NE1/4 OF SE1/4 FOR POB N00-14-09E 178.45 FT PARALLEL WITH E LINETax Year:
2024-
MLS:
P4935183 -
Property Type:
Land -
View:
Trees/Woods
Special Listing Conditions:
NoneLot Features:
City Lot Level
