Address
0 COMMONWEALTH AVENUE N Polk City, FL
Price
$ 1,600,000
Property Attributes
  • MLS#S5047631
  • TypeLand
  • CountyPOLK
  • CityPolk City
  • AreaPolk City
  • NeighborhoodSEE ATTACHMENTS
  • Zip33868
  • Style
  • Taxes$ 1972
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size18.71 Acres
Listing Provided Courtesy Of:
LEVINE ASSET MANAGEMENT
Data Source:
Stellar MLS
Property Description

This is a great multi-family development site. The PUD, approved on January 19, 2021, allows 168 apartments or condominiums. The property is located at the corner of Commonwealth Avenue North and North Citrus Grove Road in the city of Polk City, FL. The property qualifies for a USDA multi-family rural development loan. The property is also located in an opportunity zone. Multi-family developers; this is a great project for you.

Price History
3/10/2021 Listed $1,600,000

General Features

Additional Parcels Description 25-26-29-295302-003000, 25-26-29-295302-009010, 25-26-33-295302-010000, 25-26-33-296500-105000
Additional Parcels Y/N Yes
Association Y/N No
Building Area Units Square Feet
City POLK CITY
County Polk
Current Use Residential
Days on Market 198
Directions From Dean Still Road and SR 33 go south to North Citrus Grove Road. Thjs property is located on the north west corner of Commonwealth Avenue North and North Citrus Grove Road in Polk City.
Disclosures HOA/PUD/Condo Disclosure
Facing Direction East
For Lease YN No
MLS Area 33868 - Polk City
Ownership Fee Simple
Property Type Land
Sewer None
Standard Status Active
Status Active
Street Name COMMONWEALTH
Subdivision Name SEE ATTACHMENTS
Tax Annual Amount 1972.57
Tax Lot 102020
Tax Year 2020
Terms Cash, Conventional, USDA Loan
Township 26
Utilities Electricity Available
Water Access YN No
Zoning PUD

Interior Features

Flood Zone Code Zone X
Front Footage 1454
Living Area Units Square Feet
Street Suffix AVENUE

Exterior Features

Lot Dimensions 437X140X460X182X995X243X390X63
Lot Features City Limits, Special Taxing District, Paved
Lot Size Acres 18.71
Lot Size Square Feet 815007
Number of Lots 5
Road Frontage Type Main Throrughfare, State Road
Water Extras YN No
Water Source None
Water View YN No
Waterfront Y/N No
Zoning Compatible YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33868

Price
AVG $120K
$1.6M
Taxes
AVG $359
$1,972
Visits
AVG 206
196

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