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One or more photo(s) has been virtually staged. ATTENTION BUILDERS, DEVELOPERS & INVESTORS – PRIME 2 ACRES CORNER LOT LAKELAND OPPORTUNITY! Unlock the potential of 1. 966 acres (85, 664 sq. ft. ) MOL of ( 3) combined commercial lots located in the heart of Lakeland’s opportunity zone CRA Midtown District. This is a rare, high-visibility site with C-2 Commercial/Industrial zoning and future land use designated for High-Density Residential—the perfect combination for a bold developer vision.
Location, Location, Location! Situated directly across from the thriving Bonnet Springs Park and just off Kathleen Road (State Road 539 connecting downtown Lakeland with Interstate 4), this property sits in one of Lakeland’s fastest-growing corridors. High traffic, high demand, and maximum visibility. Enjoy Endless Development Potential: Build-to-suit residential or commercial facilities; Multifamily Affordable Housing (eligible for City Grant Funding Programs): townhomes or apartments. Commercial Building: restaurants, retail, or mixed-use development.
Other Highlights to note: Composed of (3) lots total, property is not in a flood zone, property is located within the City’s revitalization initiative area. City water and sewer connections available. Vacant lots are already cleared, maintained and infrastructure ready. The Annual Average Daily Traffic volume for the past year is 37, 000.
Surrounded by growth, redevelopment, and strong market demand, this is the perfect opportunity for builders and forward-thinking investors to capitalize on Lakeland’s explosive growth. Whether your vision is residential multifamily, or commercial—this property is ready to deliver. Act now—prime parcels like this do not last! Buyer responsible for verifying all information in listing and doing their own due diligence. This is a combined package deal ONLY! The best offers will be considered. Only serious inquiries!
Additional lots:
*1. 0 Adams street Lakeland 33815 (. 1832 acres [7, 980 sq. ft]) *
2. Kathleen Road Lakeland Fl 33815 (. 82 acres [35, 597 sq. ft]
3. Emma Street W Lakeland 33815 (. 9662 acres [42, 087 sq. ft]
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.121% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,987 | $6,235 | $8,706 |
| Total Monthly Payment | $6,112 | $6,360 | $8,831 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.