Davenport, Florida
 INVESTMENT DETAILS

 

Price: $899,000

 

  • Priced well below value of raw land

  • 50 Acres

  • 3 Private Fishing Lakes

  • 2 Newer Construction Homes

  • 4 bed, 2 bath, built 2005, 3030 sq ft

  • 3 bed, 2 bath, built 2004, 2579 sq ft

  • 25 Mins from Disney

  • Potential of building 20 additional homes

Information

WOW...2 beautifully renovated, spacious, lake front homes; one 3 bed 2 bath and a 4 bed 2 bath located on 50 pristine acres in Davenport FL.

The property is fully fenced and features three bass filled private fishing lakes.

This could be an ideal opportunity to build 20 additional homes with lake access, or have a multi family retreat with plenty of room for toys, live stock and storage. It's a dream property for those who love the outdoors!

US 17/92 frontage. Only 25 mins from Disney and 10 mins to Champions Gate.

Investment Brief
Priced well below raw land value: The neighboring 25 acres to the south sold in Dec 2014 for $1,095,000. It only had 4.8 acres of buildable land where as this parcel has 11 acres of residential zoned land and 50 acres in total.

The US 17/92 aka Orange Avenue is being widened and eminent domain will pay all land owners with road frontage.

Several new residential developments being constructed in the immediate vicinity. The 14.92 acres just to the North of this parcel, that sold for $1.6 Million, is in the process of being developed.

2 fully renovated homes onsite valued at around $400K are ready to bring in an estimated $4,000 per month in rental income. 

Local Ammenities:

 

Entertainment:

Disney Springs

 

Attractions:

Disney World

Seaworld

Gatorland

Universal Studios

 

 

 

 

 

 

 

 

 

 

IRIS International LLC.          Licensed Broker          5401 S. Kirkman Rd, Suite 310            Orlando FL 32819

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