2400 US-27 Highway N Avon Park, FL 33825
Listing Courtesy of: HEARTLAND AOR - FL / Lpt Realty LLC

  2400 US-27 Highway N Avon Park, FL 33825

Active (108 Days)
$749,900

Description

Take a look at this rare opportunity for a builder/Investor to
acquire the only residential development properties in Highlands County that sit on US Highway
27 and Gorgeous Lake Damon in Avon Park Florida. The two connecting properties have over
1,000sqft of Highway and Lake frontage with access off of N Lake Damon Rd with boat ramp
access.
The properties are zoned R2 and has a Future Land Use designation of Medium Density, Single
Family Attached and Duplex. Per Table 2.04.01(A) of the City’s Unified Land Development
Code, both Townhouses and Condominiums are permitted uses in the R-2 zoning district.
Per the City’s Comprehensive Plan, the Medium Density Residential Future Land Use permits
residential development at a maximum of 16 dwelling units per gross acre. Townhouses and
condominiums are classified as single-family, attached residential units. Per Table 2.04.01(B) of
the City’s Unified Land Development Code, the maximum density allowed for single-family
residential development is 6 dwelling units per gross acre.
At the current design of 4 floors 96 units were the estimated amount of units to be possible to
build and considering a 5 th level can be added with the changes to code and zoning. Also, there
may be a possibility to elevate the zoning to higher density project such as a waterfront hotel.

Owners willing to owner finance at 50% downpayment. Offering Memorandum with further
information upon request.

? Prime Placement on Us Highway 27.
? Gorgeous Water Views on Lake Damon.
? 1 hour from Disney World and Amusements Parks.
? 20 Minutes from Sebring International Raceway.
? Due to Influx of New Residents, Housing Especially Luxury is Highly Sought After.
? Ability to Build up to 5 Floors.

MLS #:
302859
Taxes
$2,370(2023)
Lot Size
6.44 acres
Type
Land
County
Highlands County

Listed By

Tania Bobe, Lpt Realty LLC
Source
HEARTLAND AOR - FL
Last checked Oct 18 2024 at 5:03 AM EDT
Bathroom Details
Lot Information
  • Other
  • Interior Lot
  • See Remarks
  • Corner Lot
Utility Information
  • Utilities: Sewer Not Available, Cable Available, Electricity Available, Phone Available
Location
   
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Estimated Monthly Mortgage Payment

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Listing price
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Disclaimer: Copyright 2024 Heartland FL Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/17/24 22:03