$3,750,000

Pending

Est. Mortgage $19,708/mo *

Quick Pre-Approval

5161 BERKLEY ROAD, Auburndale, FL, 33823

5161 BERKLEY ROAD, Auburndale, FL, 33823

MULTIFAMILY DEVELOPMENT OPPORTUNITY! Apartment site in growing Auburndale along Berkley Road at the Pace Road intersection. 17.62 acres on three parcels. Currently zoned within Unincorporated Polk County. Approval has been given by the City of Auburndale to annex into the City. A new multi family PD-H2 zoning classification will likely be utilized, which would allow 15 units per acre. Estimated units between 225-275. 50' height allowed for a 3 story complex. A master lift station development is underway to the south of properties, which will service this site. Sewer construction should be compete in 12-18 months. The location is a few miles north of US 92, an east west thoroughfare that travels the entire state. Auburndale, FL is well positioned in the state, on the important I-4 corridor between Tampa and Orlando, and locally between Lakeland and Winter Haven FL. It has a population of 18,000. Berkley Charter school resides across the street from this site and Florida Poly Tech (University) is also nearby. The location is within minutes from the US 92 corridor - close to big box retailers, grocery, retail and restaurant. The Polk Parkway is very close by - this roadway is an efficient toll highway, linking Polk County, between Exits 25 and 41 on Interstate 4. There are existing occupied homes on each of the parcels at present. Other address include 1913 County Road 655, Auburndale FL 33823 & 100 My Drive Way, Auburndale FL 33823


Status:

Pending

Type:

Lot / Acreage

Lot Size:

767527

Acreage:

17.62

Est. Taxes:

$5,618

Current Use

Other

Permitted Use

Other

Utilities

Other

Days on Market:

120

MLS #:

O6127601


Community Info

School Info

Walk Score

Yelp


Listing courtesy of SVN SAUNDERS RALSTON DANTZLER REAL ESTATE Phone: 863-648-1528