Developers, Home Builders, Country Estate Owners and Land Investors, this one is for you. This 10.43-acre residential tract presents the opportunity to acquire a developable infill tract within the city limits of Lake Wales. The parcel is located along the west side of Capps Road, in-between the Lake Wales County Club and the Oakwood Golf Club. The current zoning is R-1A, with a FLU of Low Density Residential which allows for up to five dwelling units per acre and a floor to area ratio of 0.25. Please request our offering memorandum with additional information.
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$1621
Price per SqFt:
$2.09
Tax Legal Description:
PARCEL 3 OF UNRE OAKWOOD GRAND OAKS DESC AS: COMM SE COR OF NE1/4 OF SEC N0-21-30W ALONG E LINE OF NE1/4 344.47 FT S89-38-30W 40 FT TO W R/W OF CAPPS RD & POB N86-31-09W 80.59 FT N0-21-01W 49.97 FT N75-24-25W 124.2 FT N0-21-01W 180.89 FT N41-33- 41W 47.47 FT N61-44-39W 379.69 FT NWLY ALONG CURVE 217.73 FT N25-03-08W 592.85 FT N64-49-17E 174.04 FT SELY ALONG CURVE 427.31 FT S25-10-43E 275.17 FT S61-51-57E 261.42 FT N89-31-41E 212.11 FT TO W R/W OF CAPPS RD S0-21-30E ALONG SAID R/W 651.48 FT TO PO B