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Burns Ave
Lake Wales, FL 33853
Iron Mountain Residential Planned Development · Land For Sale
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76.95 AC


INVESTMENT HIGHLIGHTS
- Zoned R-3 - PD (Planned Development)
- Prime location in an active Residential Development area
- Residential Development
- Versatile investment opportunity
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 76.95 AC |
| Zoning | R-3 - PD - R-3 - PD (Planned Development) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 76.95 AC |
| Zoning | R-3 - PD - R-3 - PD (Planned Development) |
1 LOT AVAILABLE
Lot
| Price | $11,293,942 CAD | Lot Size | 76.95 AC |
| Price Per AC | $146,769.88 CAD |
| Price | $11,293,942 CAD |
| Price Per AC | $146,769.88 CAD |
| Lot Size | 76.95 AC |
76.95 Acres Price Per Acre $106,563
DESCRIPTION
Introducing a unique opportunity for a developer or builder. This property on Burns Ave in Lake Wales, FL offers 326 total units (226 Single Family Lots and 100 Townhome Units), perfectly poised for residential development. Additionally, it contains 3.03 acres of commercial land with 26,000 SF of retail possible. Zoned R-3 - PD (Planned Development), it presents an opportunity in an area of growth. Nestled in an area of excellent residential development, this prime location offers close proximity to shopping and essential amenities, making it an excellent prospect for a residential developer or builder. With a growing and active community, this property sets the stage for a promising residential venture.
PROPERTY TAXES
| Parcel Number | 27-29-22-866300-041010 | Improvements Assessment | $0 CAD |
| Land Assessment | $760,363 CAD | Total Assessment | $760,363 CAD |
