Residential Development Property For
For Sale
$1,650,000
5105 Lunn Road, Lakeland, FL 33811
2.71-acre residential development property entitled for 9 units.
Property Size2,310 SF
Lot Size2.71 Acres
Price / SF$714.29
Days on Market757
Property Features for 5105 Lunn Road
General Information
Standard status
Active
Size
2,310 SF
Lot size
2.71 Acres
Property subtype
Land
Zoning
RL3
Taxes and HOA fees
Annual Taxes
$3,587
Amenities
No
Square Feet
Listing Agency:
360 PERSPECTIVE PARTNERS
(863) 255-1613
Listed By:
Brett Vogeler · License #3297363
(863) 255-1613
Source:
Compass
Added: Jul 29, 2024
Changed: Aug 8
Last Checked: Jul 16 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 360 PERSPECTIVE PARTNERS
Investment Insights
Based on property information with market context.
This is a flat residential development property spanning 2.71 acres. The property is entitled for 9 units. One lot features a 2310 square foot block house that is being remodeled. An additional 960 square foot building is present on another lot and is being remodeled into an in-law apartment. The property utilizes county public water and septic tanks. It is zoned RL3. The current owner intends to construct single-family homes on the property; however, the new owner may consider villas or townhomes. The new owner has the option to change the zoning to multifamily or commercial, as either would be suitable for this area.
Key Highlights
- 2.71‑acre residential development property.
- Entitled for 9 units.
- Existing 2310 SF block house being remodeled.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 33811, FL
24,249
Population
10,869
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
901
Density / Sq Mi
$85,821
Median Household Income
$46,879
Median Earnings
$1,256
Median Rent
$289,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.71-acre residential development property entitled for 9 units.
Where is this residential land & home lot located?
The property is located at 5105 Lunn Road Lakeland, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 2.71‑acre residential development property.; Entitled for 9 units.; Existing 2310 SF block house being remodeled.
