Address
0 COMMONWEALTH AVENUE N Polk City, FL
Price
$ 1,600,000
Property Attributes
  • MLS#S5047631
  • TypeLand
  • CountyPOLK
  • CityPolk City
  • AreaPolk City
  • NeighborhoodSee Attachments
  • Zip33868
  • Style
  • Taxes$ 1972
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size18.71 Acres
Listing Provided Courtesy Of:
CENTURY 21 WORLD PROPERTIES
Data Source:
Stellar MLS
Property Description

This is a great multi-family development site. The PUD, approved on January 19, 2021, allows 168 apartments or condominiums. The property is located at the corner of Commonwealth Avenue North and North Citrus Grove Road in the city of Polk City, FL. The property qualifies for a USDA multi-family rural development loan. The property is also located in an opportunity zone. Multi-family developers; this is a great project for you.

Price History
3/10/2021 Listed $1,600,000

General Features

Additional Parcels Y/N Yes
Facing Direction East
MLS Area 33868 - Polk City
Property Type Land
Sewer None
Special Listing Conditions None
Status Active
Subdivision Name SEE ATTACHMENTS
Terms Cash, Conventional, USDA Loan
Township 26
Utilities Electricity Available
Zoning PUD
Zoning Compatible Yn Yes

Exterior Features

Front Footage 1454
Lot Dimensions 437X140X460X182X995X243X390X63
Lot Features In City Limits, Special Taxing District, Street Paved
Lot Size Acres 18.71
Lot Size Square Feet 815007
Number of Lots 5
Road Frontage Type Main Throrughfare, State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33868

Price
AVG $110K
$1.6M
Taxes
AVG $311
$1,972
Visits
AVG 221
52

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