$3,700,000
$3,250,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
56 Acres Lot
SOLD DATE : 03/31/2022
Key Details
Sold Price $3,700,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Lane Park
MLS Listing ID G5032606
Sold Date 03/31/22
Construction Status Inspections
HOA Y/N No
Annual Tax Amount $8,463
Lot Size 56.000 Acres
Acres 56.0
Lot Dimensions irr
Property Description
Take Down II - Opportunity is for 220+/- Single Family Lots - 56.02+/- Acres - Located Near New Publix Anchored 17,000 SF Tavares Crossroads shopping center. Located less than 45 minutes from Orlando in the Heart of Central Florida & minutes to the Villages
• Original Master Site Plan showing 56 acres is land being sold
• Updated Concept Plan showing 220+/- single family Lots for the site
• BESH Engineering is the Engineering Firm that has handled all development as well as the PUD/Zoning. Chuck Hiott with BESH is the Engineer of record and its recommended strongly any developer continue to use BESH/Chuck Hiott.
• Original Master Site Plan – Section 3A is already built and 3B will be developed also by Seller
• Property has been mass graded already
• Current Zoning is RMF3 within City of Tavares per a PUD
• PUD will need to be amended to RMF2 which BESH can handle and is supported by the City of Tavares
• Lot size minimum 60’
• RMF2 allows for up to 10 units per acre
• While the property is mass graded it was done so for the Original Master Site Plan. For single family some additional dirt movement will need to take place but not a lot as compared to a raw land development
• Stormwater main trunk lines are in
• Retention Pond above section 6A showing in Original Master Site Plan is not in yet - the other master retention pond showing on Original Master Development Plan is in
• The bulk of Phase 5, 7 & 6B are in as far as the Main Trunk line and stormwater pond
• Existing Lift Station to the west of Phase 3A & 3B along Lane Park but not sized for anything else
• BESH has had discussion with City of Tavares on doing a Capital Lift Station to service all development along Lane Park in conjunction with a pioneering agreement for other land owners
• Estimated for single family lots the site is 35%-50% completed depending on final layout and lot yield which is estimated by BESH to be 220+/-
All information provided herein is believed to be accurate, but is not guaranteed.
Location
State FL
County Lake
Community Lane Park
Zoning PD
Exterior
Utilities Available BB/HS Internet Available, Electrical Nearby, Phone Available, Water Nearby
Building
Lot Size Range 50 to less than 100
Sewer None
Water None
Construction Status Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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