$6,750,000

About this home

Don't miss this exceptional development opportunity located at South 30th Street in Haines City, FL. This prime parcel presents a fully approved and permitted project ready for transformation. The site offers immediate development for 168 to 200 market-rate rental units across two efficiently designed buildings. The final count can still be modified based on the developer's preferred unit mix (see attached unit layout option sheet). This turnkey development project eliminates the burden of approvals and permits, offering a seamless transition for the discerning developer. The comprehensive package includes all site improvements, utility connections, off-site work, paving, and curbing – providing a solid foundation for vertical construction immediately after closing. This offering includes a complete set of architectural construction documents. Meticulously designed for maximum efficiency and reduced construction costs, these documents serve as the blueprint for a long-term and profitable rental community. With every detail accounted for, the buyer gains a valuable head start, saving both time and resources. The strategic location of the parcel in Haines City adds to its appeal, offering proximity to essential amenities and a vibrant community. The development is poised for success, positioned in an area with growing demand for quality rental units. Centrally positioned in a high-growth southern suburb of Orlando, this property is strategically located to capitalize on the dynamic real estate market. The area is surrounded by new for-sale housing developments led by regionally and nationally recognized homebuilders, underscoring the attractiveness of the Haines CIty region. This project represents one of the only planned rental communities in Haines City. The area is experiencing a massive population influx as Orlando sprawl has engulfed northern Polk County, and the demand for quality rental units in this high-growth area is evident with consistently increasing rental rates throughout the market. This project offers an attractive economic housing alternative to many of the surrounding new communities. South 30th Street in Haines City, FL, offers a turnkey development parcel with all horizontal site work completed and permits for 192 market-rate rental units. Boasting completed site improvements, utility connections, off-site work, paving, and curbing, along with a complete set of architectural construction documents, the buyer can commence with vertical construction immediately upon closing - saving valuable time and creating a shorter path to profitability. Positioned in a high-growth southern suburb of Orlando and surrounded by dozens of new housing developments, this property is a gateway to success in the booming Central Florida real estate market. Also available is an adjacent 2-acre commercial parcel, fully approved for 14K square feet of retail space. Contact us today to seize the opportunity to be part of this flourishing community and realize the full potential of this prime development parcel.

Property details

MLS #

MFRO6247534

Property type

Multi-Family 5+

Subdivision

N/A

Status

Active

Days on market

672

On market date

October 4, 2024

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

6.98 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).