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2830 Laurel Avenue, Lake Wales, FL 33898

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For Sale

$295,000

0.26 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.3 acres
    Lot size

Explore this Property

This is 19 lots being sold together as a group for a total of 4.2 acres! There is 150' of paved road frontage on the North end along Laurel Ave. Palm Leaf Avenue and Holly St would need to be extended with new pavement to provide most of the lots with street access. The street right-of-ways have already been deeded over to Polk County which saves another 1.4 acres of land. For sale are Lots 10-18 on Block 19, Lots 1-5 and Lots 13-17 on Block 17. Located in unincorporated Polk County Florida, so the impact fees are lower than within the city limits. Three more lots available for another $48,000. Zoning is RSX which is single family residential within the South East Polk Selected Area Plan. Elevation is from 130' to 140' above sea level, center of lots is a hill. May be able to make a lot of extra money if the lots are levelled and the extra sand is sold. Housing on similar lots to the North, East and West. Orange groves to the South separated by a 30 foot right of way. Lots are quite large, from 8700 to 11,000 sf each. May be possible to change route of road and get several more lots at a smaller size. Using the lots in their current platted position should eliminate any need for a retention pond on site. There are existing fire hydrants within 400' of the edge of the lots. Lot facing Laurel Ave did have a mobile home that has been removed and the impact fees would be reduced for a new house on that lot and the water hookup is present but not the meter. Septic system still appears to be intact on the lot. All of these new homes could face each other and create a whole section that is brand new and very private, especially if you choose to retain some of the taller trees! Front of lot is cleared at Laurel Ave and most of the rest is forested with many Oaks and a few other trees. Stakes with tie tape can be seen at the lot corners along Laurel Ave but no markers have been put up at the end of Holly St yet.
MLS# T3531750

Courtesy Of homecoin.com

(888) 400-2513

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.26 Acres
  • Roof Type
    Unknown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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