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FAN PALM DRIVE, DAVENPORT, FL 33897

FAN PALM DRIVE
DAVENPORT, FL 33897

$3,100,000

Sq. Ft.: N/A
Type: Commercial
Listing #T2887447
A 360 lot townhouse development with 212 units completed. The balance of the pads (124) are developed with water, sewer, and storm in place and roads paved. Entire subdivision approved and accepted by the County. A final asphalt layer will need to be added to the construction layer of asphalt as the units are developed. The permits can be pulled immediately. HOA Documents provide for amenities to be paid for at 15% of the appraisal will yield an additional return to developer! The site is near Disney (20 minutes to the back entrance) and its in a prime location for short term rentals or for sale as homes or rentals. Disney vacationers have a strong affinity for hotel locations near Disney and this site is one of the nearest available to the Disney property. Presently the completed units are being rented with longer leases but any units may be short term.
Property Features
Location Information
County: Polk
MLS Area: Davenport
Latitude: 28.333525
Longitude: -81.673914
Location: Other
Directions: From the Intersection of Hwy 192 and Hwy 27, go south on Hwy 27 thru traffic light at Polo Park East/West. Turn Rt at the very next street, Golden Malay Palm Way.Continue straight to rear of community, past Fan Palm Dr, thru chain link fence to vacant lots.
Exterior Features
Is New Construction: No
Utilities: Public Sewer, Public Utilities, Public Water
Lot Description: Non-Applicable
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0
Lot Dimensions: 22' and 26' x 50'
Road Description: County Road
Water Frontage: 0
Has Waterfront: No
Additional Information
Property Type: COM
Year Built: 0
Status: Active


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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
COMMUNITY REALTY ASSOCIATES
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MFRMLS data last updated at November 23, 2017 4:20 PM ET