627 Citrus Grove Blvd Polk City, FL 33868

Exceptional 18.69-acre commercial, industrial, and residential land parcel in Polk City, Florida, is available for $2,000,000. This prime corner lot boasts pre-approved R-4 mixed-use residential zoning, allowing for approximately 104-110 units based on a 5.8 units-per-acre density calculation, with a minimum 6,000 sq ft lot size and 60-foot minimum lot width. City water and sewer are readily available, simplifying development. The property is situated in a rapidly growing area of Central Florida, benefiting from its proximity to Florida Polytechnic University and several national manufacturers. A City-approved Planned Unit Development (PUD) for multi-family use further enhances its investment potential. The location within Polk County, a significant contributor to Florida's economy, offers access to established infrastructure and a thriving local market. This expansive lot presents a unique opportunity for developers seeking to capitalize on the area's robust growth and high demand for housing. The APN is 252629295302003000. The address is 627 N Citrus Grove Blvd, Polk City, FL 33868. This is a truly exceptional opportunity in a booming area. Note that the unit count is based on buildable land, excluding wetlands and stormwater areas.