Multifamily Development Land
For Sale
$3,750,000
Pending
5161 BERKLEY ROAD, Auburndale, FL 33823
Land available for multifamily development across three parcels with annexation approval in place.
Property SizeContact for details
Lot Size17.62 Acres
Days on Market1132
Property Features for 5161 BERKLEY ROAD
General Information
Standard status
Pending
Lot size
17.62 Acres
Property subtype
Lots/Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,618
Listing Agency:
SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
(863) 581-0059
Listed By:
Craig Morby · License #3152384
(863) 581-0059
Source:
Exitrealty
Added: Jul 20, 2023
Changed: Aug 8
Last Checked: Jul 16 at 2:57PM
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 SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
Investment Insights
Based on property information with market context.
This property consists of 17.62 acres across three parcels with existing occupied homes on each parcel. The site is presented as an apartment development opportunity, with planning approval provided to annex the property into the City of Auburndale.
Public remarks indicate the City has approved annexation and that a new multi-family zoning classification (PD-H2) will likely be utilized. The estimated development range is 225–275 units, with up to 15 units per acre noted in the remarks, along with a 50-foot height allowance for a three-story complex.
Infrastructure context provided in the remarks includes a master lift station development underway to the south that is described as servicing the site, with sewer construction expected to be complete in 12–18 months.
Public remarks indicate the City has approved annexation and that a new multi-family zoning classification (PD-H2) will likely be utilized. The estimated development range is 225–275 units, with up to 15 units per acre noted in the remarks, along with a 50-foot height allowance for a three-story complex.
Infrastructure context provided in the remarks includes a master lift station development underway to the south that is described as servicing the site, with sewer construction expected to be complete in 12–18 months.
Key Highlights
- 17.62‑acre multifamily development site on three parcels along Berkley Road at the Pace Road intersection
- City of Auburndale annexation approval received; property currently in unincorporated Polk County
- Planned multi family PD‑H2 zoning would allow 15 units per acre (estimated 225–275 units)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 33823, FL
33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land available for multifamily development across three parcels with annexation approval in place.
Where is this residential land & home lot located?
The property is located at 5161 BERKLEY ROAD Auburndale, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 17.62‑acre multifamily development site on three parcels along Berkley Road at the Pace Road intersection; City of Auburndale annexation approval received; property currently in unincorporated Polk County; Planned multi family PD‑H2 zoning would allow 15 units per acre (estimated 225–275 units)
