4

OAK LOOP MULBERRY, FL 33860

$1,600,000

0.03

Acres

Zoning

54 days

On Website

Active

Status

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.

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Details


Building And Construction
Property Sub Type
Land
Property Type
Land

Exterior And Lot
Lot Size Acres
0.03
Lot Size Square Feet
1307

Area And Schools
City
Mulberry
County Or Parish
Polk
Subdivision Name
Meadow Oaks A Condo

Financial Info
Buyer Agency Compensation
3%-$350
Tax Annual Amount
$110.09
Tax Year
2020

Listing By 360 PERSPECTIVE PARTNERS

MLS# L4924418

Data Last Updated 2:06PM - 9/19/2021

Stellar MLS

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