Off-Market Vacant Lot 1.44 Acres Fox Lake Dr. Lakeland, FL. 33809
This 1.44 Acre Lot is near a local Publix Shopping Center with Quick access to I-4 & minutes away from Walmart, Sandpiper Plaza & Starbucks. This is priced well under market value based on similar sized lots recently sold in the area.
The property is 2 Minutes Away from a New Residential Development and is Less than 1 Hour from Orlando & Tampa, FL.
This Vacant Lot has Great Potential for 2-3 (or more) Custom Built Residential / Multifamily Units on 1.44 Acres of Land within a Developing Area with great rental income.
Estimated Lot Comps:
1124 THOMAS RD, #1, LAKELAND, FL 33809 | Lot Size: 1.36 Acres | PENDING $150,000 |
2345 GIBSONIA GALLOWAY RD, LAKELAND, FL 33810| Lot Size: 1.42 Acres | SOLD $135,000 |
926 LAKE DEESON PT, LAKELAND, FL 33805 | Lot Size: 1.35 Acres | SOLD $145,500 |
701 UNION DR, LAKELAND, FL 33809 | Lot Size: 1.94 Acres | ACTIVE $400,000 |
Estimated Quadruplex / Triplex / Duplex Comps:
814 TRINA LN, LAKELAND, FL 33809 | 4 Units
| SOLD $491,000 | Annual Net Income: $43,200
1010 FOX LAKE DR, LAKELAND, FL 33809 | 3 Units 2,919 SQFT
| SOLD $299,000 | Annual Net Income: $25,900
1011 FOX LAKE DR, LAKELAND, FL 33809 | 3 Units 2,919 SQFT
| SOLD $305,000 | Annual Net Income: $22,800