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.
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
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Memorial Elementary School
867 Memorial Dr
Distance between this listing and this school1.50 miles
Public District Grades PK-5
6
/10
Sun'N Lake Elementary School
4515 Ponce De Leon Blvd
Distance between this listing and this school2.04 miles
Public District Grades PK-5
3
/10
Avon Elementary School
705 Winthrop St
Distance between this listing and this school2.43 miles
Public District Grades PK-5
Nearby Schools
3
/10
Avon Park Middle School
401 S Lake Ave
Distance between this listing and this school1.83 miles
Public District Grades 6-8
4
/10
Hill Gustat Middle School
4700 Schumacher Rd
Distance between this listing and this school3.50 miles
Public District Grades 6-8
4
/10
Sebring Middle School
500 E Center Ave
Distance between this listing and this school6.62 miles
Public District Grades 6-8
Nearby Schools
3
/10
Avon Park High School
700 E Main St
Distance between this listing and this school2.42 miles
Public District Grades 9-12
4
/10
Highlands Virtual School
426 School St
Distance between this listing and this school7.20 miles
Public District Grades KG-12
4
/10
Sebring High School
3514 Kenilworth Blvd
Distance between this listing and this school7.38 miles
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.
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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.