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FINNEY RD Davenport, FL 33837
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Key Details
Sold Price $2,500,000
Property Type Vacant Land
Sub Type Pasture
Listing Status Sold
Purchase Type For Sale
Subdivision Prince Orange Manor Rep
MLS Listing ID O6014478
Sold Date 09/29/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $26
Lot Size 37.300 Acres
Acres 37.3
Lot Dimensions 1112x1792x1053x1819
Property Description
Under contract-accepting backup offers. Call For Offers! Multiple Offer Situation! At Sellers Discretion requesting all final offers to be submitted by 4.26.2022. We are pleased to present Prince Orange Manor development opportunity to acquire 37+/- acres in the fastest high growth explosive corridor of Davenport, FL. Opportunity presents a developer per Polk County Zoning RS/RM-A/RR 7 units to the acre. Polk County has seen the job market increase by 3.9% over the last year. S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.2% annual gain in January – up from 18.9% in the previous month. National Track home builders such as Cassidy Homes has acquired over 13+/- acres on Power Line Road & South Blvd with additional land acquisition of 18+/- acres on Horseshoe Creek Road. Power Line Road will extend into Horseshoe Creek Road for future developments are on the horizon. Prince Orange Manor presents a developer with 27+/- acres of uplands with the potential to develop 189+/- Towns, SF, BTR's with current land usage subject to developers spec and site plan. National Track home builders such as Lennar, DR. Horton, Pulte, Hanover, Park Square are acquiring and developing land up and down power line road. New Developments are on the Rise as land is becoming scarce as the demand for homes in Florida continue to outpace developer's inventory. Land sales are the highest and breaking records with bidding wars from developers. The diverse, 4-square mile city sits north of I-4 near Haines City and has more than tripled from a population of 2,888 in 2010 to more than 9,000 in 2020, according to U.S. Census data and it’s still growing.
Location
State FL
County Polk
Community Prince Orange Manor Rep
Zoning RC
Exterior
Fence Boundary Fencing
Utilities Available Cable Available, Electricity Available, Phone Available, Water Available
View Y/N 1
Building
Lot Description Buildable, In County, Paved
Lot Size Range 20 to less than 50
Sewer None
Water Public
Construction Status No Contingency
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with LEGACY PLUS REALTY
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095