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1115 BASKET LAKE RD Avon Park, FL 33825
64.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Basket Lake Groves Sec 17
MLS Listing ID L4957456
HOA Y/N No
Annual Tax Amount $916
Lot Size 64.500 Acres
Acres 64.5
Lot Dimensions 200x300
Property Sub-Type Residential
Source Stellar MLS
Property Description
64.5+-Acres Prime Lake View Residential Development Land with Medium Density Residential Land Use preserving your entitlements when ready and Ag zoning to keep your taxes down in the meantime! Water & sewer nearby. Paved Roads(Powerline Rd) along the North properties and Arbuckle Creek Rd along the south properties with lakefront multi-family apartment complexes & lakefront communities on the other side of road also utilities servicing these adjacent developments ensures your potential ease of development. Development proforma metrics if one rezones for simply 3 units per acre the cost per lakeview unit would only be $9,967 per unit but most would certainly shoot for 1/3 multi-family to match the Dinner Lake adjacent use bringing this to potentially ONLY $5,264 per unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD! There are already Offer's on The Table..
Location
State FL
County Highlands
Community Basket Lake Groves Sec 17
Area 33825 - Avon Park/Avon Park Afb
Zoning AU
Exterior
Utilities Available Water Nearby
Building
Lot Size Range 50 to less than 100
Sewer Private Sewer
Water Well
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Gregory Karlson ADVANTAGE REALTY 1