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Prime Infill Opportunity in Historic Bartow | CRA Incentives Available
Unlock the potential of the "City of Oaks and Azaleas" with this exceptional 0. 20-acre vacant residential lot. Located in the heart of Bartow, FL—the county seat of Polk County—this infill property offers a rare combination of historic charm, development readiness, and significant financial incentives for builders and investors.
Situated on a quiet, paved street lined with mature shade trees, this parcel is the perfect canvas for a custom single-family home or a spec build in a high-demand market. Unlike raw land, this "infill" lot benefits from established surroundings, meaning municipal utilities (water, sewer, electric) are readily available at the street—saving you thousands in development costs.
This property is located within Bartow’s CRA (Community Redevelopment Agency) Area II. This is a massive value-add for prospective builders. The city currently offers aggressive incentives to promote residential development on vacant lots in this zone, including potential construction incentives of up to 25% of the post-improvement value and impact fee mitigation.
Note: Buyers must verify current incentive availability with the Bartow CRA.
Why This Lot?
• Low Holding Costs: With 2025 property taxes at just $223. 70, this is an incredibly affordable asset to hold while finalizing plans.
• Ready for Construction: Level, rectangular lot (approx. 65' x 120') with paved road frontage and sidewalks already in place.
• Lifestyle Location: Just minutes from Bartow’s historic downtown, the Polk County Courthouse, and the annual Bloomin' Arts Festival. Central to Lakeland, Winter Haven, and the I-4 corridor.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$42,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $33,600 | $33,600 | $33,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $191 | $201 | $270 |
| Total Monthly Payment | $266 | $276 | $345 |
* 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.