Prime development opportunity! 42 pad ready Villas ready to build with all infrastructure in place. The current owner has gone before the COA Board and received approval for his style of building with a garage. Building is designed for 2 bedroom, 2 bathroom and a den/office. Owner estimates each completed Villa unit will sell for $205,000 to $220,000 depending on finishes. Or build them all and keep as a 42 unit rental property. Current owner has the majority vote for the association and is currently President of the COA. Other two Board Members are developer friendly. COA monthly fees do not start until Certificate of Occupancy is achieved for each Villa. Polk County Utility will show water and sewer locations. TECO Electric is the supplier. All underground lines and transformer in place. Current Owner has Soil Boring Reports, all good and ready to build today! Association has pool and club house. Association is responsible for all exterior maintenance and yard. Association also includes cable/internet.
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Office 360 PERSPECTIVE PARTNERS, 704-774-0764
Updated 12:06AM - 5/22/2022
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