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$ 4,700,000
Est. payment | /mo
12.34 Acres Lot
$ 4,700,000
Est. payment | /mo
12.34 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Acreage & Unrec
MLS Listing ID O6273158
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $14,203
Lot Size 12.340 Acres
Acres 12.34
Lot Dimensions 500' x 1075'
Property Sub-Type Multi-Family
Property Description
Don't miss out on this one perfect 12.34 acre property available for residential redevelopment! This property has been approved for 52 single family lots (preliminary site plan available).
Option 1: Cost-Effective Enhancement Plan - Estimated Duration: 6 (+-) months - Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: • Requesting Osceola County approval to only improve Anderson Road up to the project entrance. • Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+-). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns.
Option 2: Major Redevelopment Plan - Estimated Duration: 12 (+-) months - Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost-reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Option 1: Cost-Effective Enhancement Plan - Estimated Duration: 6 (+-) months - Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: • Requesting Osceola County approval to only improve Anderson Road up to the project entrance. • Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+-). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns.
Option 2: Major Redevelopment Plan - Estimated Duration: 12 (+-) months - Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost-reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Location
State FL
County Osceola
Community Acreage & Unrec
Area 34746 - Kissimmee (West Of Town)
Zoning RS-2
Exterior
Utilities Available Electricity Available, Water Available
Building
Lot Size Range 10 to less than 20
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
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