21 days on rocket

2400 US-27 Hwy N, Avon Park, FL, 33825

$749,900

6.44 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #302859
Lot Size6.44 Acres
StatusActive

About 2400 US-27 Hwy N

Take a look at this rare opportunity for a builder/Investor to acquire the only residential development properties in Highlands County that sit on US Highway 27 and Gorgeous Lake Damon in Avon Park Florida. The two connecting properties have over 1,000sqft of Highway and Lake frontage with access off of N Lake Damon Rd with boat ramp access. The properties are zoned R2 and has a Future Land Use designation of Medium Density, Single Family Attached and Duplex. Per Table 2.04.01(A) of the City’s Unified Land Development Code, both Townhouses and Condominiums are permitted uses in the R-2 zoning district. Per the City’s Comprehensive Plan, the Medium Density Residential Future Land Use permits residential development at a maximum of 16 dwelling units per gross acre. Townhouses and condominiums are classified as single-family, attached residential units. Per Table 2.04.01(B) of the City’s Unified Land Development Code, the maximum density allowed for single-family residential development is 6 dwelling units per gross acre. At the current design of 4 floors 96 units were the estimated amount of units to be possible to build and considering a 5 th level can be added with the changes to code and zoning. Also, there may be a possibility to elevate the zoning to higher density project such as a waterfront hotel. Owners willing to owner finance at 50% downpayment. Offering Memorandum with further information upon request. ? Prime Placement on Us Highway 27. ? Gorgeous Water Views on Lake Damon. ? 1 hour from Disney World and Amusements Parks. ? 20 Minutes from Sebring International Raceway. ? Due to Influx of New Residents, Housing Especially Luxury is Highly Sought After. ? Ability to Build up to 5 Floors.

Property Details

Property Features

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (888) 777-9611

Virtual/3D Tour

  • Virtual Tour: 2400 US-27 Hwy N
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Lot Features

Lot Information:

  • Lot: Corner Lot, Interior Lot, Other, See Remarks
  • Lot Size: 6.44 Acres

Other

Directions Information:

  • Directions: US 27 and Sparta Road north Avon Park. Property on US 27 on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,900
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Housing Market Comparison

See how this home compares to others in Avon Park, FL.

Med. Sold Price

$230.9K

Med. Price/SqFt

$163

Avg. Days On Market

62

# of Sold Homes

17

2400 US-27 Hwy N vs Avon Park

21 DAYS ON ROCKET

-41 Days

$749,900

+$519K More

KEY TAKEAWAY

This property is $519K more than the Median Sold Price in Avon Park, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HeartlandFL
  • MLS Number: #302859

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (888) 777-9611

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2024 Highlands Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:16:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-38479
4
/10
  • Memorial Elementary School

  • 867 Memorial Dr

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-38480
6
/10
  • Sun'N Lake Elementary School

  • 4515 Ponce De Leon Blvd

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-38481
3
/10
  • Avon Elementary School

  • 705 Winthrop St

  • 2.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,425. The most common annual income of people living in Avon Park, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2400 US-27 Hwy N

What is the listing price of this property?

The listing price of 2400 US-27 Hwy N property is $749,900.

What type of property is this?

The property 2400 US-27 Hwy N is land located in Avon Park, Florida, 33825.

Is this property for sale now?

Active Listing: 2400 US-27 Hwy N is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2400 US-27 Hwy N is 6.44 acres.
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Rocket HomesFloridaHighlands CountyAvon Park338252400 US-27 Hwy N

This home is located at 2400 US-27 Hwy N in Avon Park, FL and zip code 33825. This home sits on a 6.44 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $749,900.

In November 2024, from all listings sold in Avon Park, FL there were more than 0 sold above asking price, over 15 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Avon Park, FL increased by 21.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 62 days, the median list price was $230,900.

From Rocket Homes Real Estate and based on county public records data.

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