Auburndale, FL 33823,5161 BERKLEY RD
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$ 3,750,000
Est. payment | /mo

17.62 Acres Lot


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$ 3,750,000
Est. payment | /mo
Save

17.62 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Pending

Purchase Type For Sale

MLS Listing ID O6127601

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $5,618

Lot Size 17.620 Acres

Acres 17.62

Lot Dimensions 767527

Property Description

MULTIFAMILY DEVELOPMENT OPPORTUNITY! Apartment site in growing Auburndale along Berkley Road at the Pace Road intersection. 17.62 acres on three parcels. Currently zoned within Unincorporated Polk County. Approval has been given by the City of Auburndale to annex into the City. A new multi family PD-H2 zoning classification will likely be utilized, which would allow 15 units per acre. Estimated units between 225-275. 50' height allowed for a 3 story complex. A master lift station development is underway to the south of properties, which will service this site. Sewer construction should be compete in 12-18 months.
The location is a few miles north of US 92, an east west thoroughfare that travels the entire state. Auburndale, FL is well positioned in the state, on the important I-4 corridor between Tampa and Orlando, and locally between Lakeland and Winter Haven FL. It has a population of 18,000.
Berkley Charter school resides across the street from this site and Florida Poly Tech (University) is also nearby. The location is within minutes from the US 92 corridor - close to big box retailers, grocery, retail and restaurant. The Polk Parkway is very close by - this roadway is an efficient toll highway, linking Polk County, between Exits 25 and 41 on Interstate 4.
There are existing occupied homes on each of the parcels at present. Other address include 1913 County Road 655, Auburndale FL 33823 & 100 My Drive Way, Auburndale FL 33823

Location

State FL

County Polk

Zoning RC

Exterior

Utilities Available Other

Building

Lot Size Range 10 to less than 20

Sewer Septic Tank

Water Well

Construction Status Inspections

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
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5161 BERKLEY RD