Davenport, FL 33837,0 SANDHILL RD
Davenport, FL 33837,0 SANDHILL RD
Davenport, FL 33837,0 SANDHILL RD
Davenport, FL 33837,0 SANDHILL RD
Davenport, FL 33837,0 SANDHILL RD
Davenport, FL 33837,0 SANDHILL RD
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$3,868,000

$3,868,000

Est.Price: ?

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Est. payment /mo

8.32 Acres Lot


SOLD DATE : 07/10/2024

Key Details

Sold Price $3,868,000

Property Type Vacant Land

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Fla Dev Co Sub

MLS Listing ID O6059756

Sold Date 07/10/24

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $16

Lot Size 8.320 Acres

Acres 8.32

Lot Dimensions 583x590x586x620

Property Description

Sand Hill Crossings offers a developer 8.32+/- acres of Prime Real Estate in the fastest growth corridor of Polk County known as Davenport, FL. Opportunity presents a developer per Polk County Zoning varieties of Mixed usages from Storage, Restaurants, Hotel, Drive-thru, Pre-School, Medical, Office Park, etc. Polk County has seen the job market increase by 3.9% over the last year. S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.2% annual gain in January – up from 18.9% in the previous month. National Track home builders such as Cassidy Homes, Lennar, DR. Horton, Pulte, Hanover, Park Square are acquiring and developing land throughout the corridor of HWY 27. Cassidy Homes has accumulated thousands of acres between Haines City & Davenport surrounding the 8.32+/acres. DR Horton community Feltrium Reserve currently selling entry level townhomes at $189K+. Cassidy also has nearly 3,000-homes in the works at the Crosswinds, which covers 603 acres and would eventually add 444 townhomes and 2,646 single-family homes to what is now vacant agricultural land. D.R. Horton says it will have homes there in the winter of 2023. New Developments are on the Rise as land is becoming scarce as the demand for homes in Florida continue to outpace developer's inventory. Land sales are the highest and breaking records with bidding wars from developers across Florida and the globe. Rare opportunity to acquire one the fewest mixed-use pieces with over 600' feet of frontage on HWY 27 abutting all the newest rising home developments.

Location

State FL

County Polk

Community Fla Dev Co Sub

Zoning RC

Exterior

Utilities Available Electrical Nearby, Water Available

Building

Lot Description Corner Lot, In County

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water None

Construction Status Inspections

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by LEGACY PLUS REALTY
Bought with STELLAR NON-MEMBER OFFICE
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