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Property profile & analytics
OFF-MARKET
Land

0 3Rd St Polk City, FL 33868

6,251 SF 0.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.14-acre lot in Polk City, Florida (APN: 25-26-32-296000-005040), presents a unique investment opportunity. Zoned R-4 Mixed Residential, this property allows for a variety of uses, including single-family homes, duplexes, apartments, townhouses, and condominiums. The 6,251 square foot lot is ideally situated for multifamily development, offering convenient access to I-4 and the Polk Parkway, placing it strategically between Tampa and Orlando. The property boasts a high and dry location, eliminating flood zone concerns. Development plans must adhere to specified setbacks: 30 feet front, 15 feet left (due to a 15-foot county drainage easement), 10 feet right, and 20 feet rear. Note that the drainage easement on the left side of the property must remain unobstructed. Public water is available

Property profile
Verified
Property type Land
Total area 6,251 SF
Lot 0.14 ac (6,098 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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