Riverwood Oaks Townhomes – Investment Overview Location: Flamingo Drive, Bartow, Florida (Polk County) Project: 24-unit townhome development site — fully engineered with city approvals in place and infrastructure completed. Key Selling Points Shovel-ready — site plans, grading, drainage, and utility layouts completed. Infrastructure Installed: water, sewer, drainage systems, and paved access roads. Approved by City of Bartow — development can proceed without lengthy entitlement delays. Strong Market: Polk County’s rental demand is growing, especially for new construction townhomes. Proven Layout: Townhome design approved with optimal density for investor returns. Opportunity Ideal for builders, developers, or investor groups looking for immediate construction starts. Can be built and sold as fee-simple townhomes or held as a rental portfolio. Flexible exit strategies with high buyer demand for new, low-maintenance homes in this area.
Financial Considerations
Price:
$1,999,900
HOA Fee:
N/A
Tax Amount:
$282.94
Price per SqFt:
$22.96
Tax Legal Description:
RIVERWOOD PROFESSIONAL PLAZA PB 74 PG 39 LOT 1 LESS SR 60A R/W PCL 114 SECTION 16260-2508 AS DESC IN OR 4879 PG 330
Exterior Features
Lot Size:
87120
Lot Features:
Buildable, Cleared, Level, Near Golf Course, Paved