Waterfront - Seller Financing
Address
108 Lake Hunter DRIVE, LAKELAND, FL
Price
$ 1,200,000
Property Attributes
  • MLS#O6139934
  • TypeLand
  • CountyPOLK
  • CityLAKELAND
  • AreaLakeland
  • Zip33803
  • Style
  • Taxes$ 850
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.92 Acres
Data Source:
Stellar MLS
Property Description

OVATION AT LAKE HUNTER, a 24-unit Apartment complex with 2 12-unit buildings fully entitled with site plan approved, building permit, water and wastewater permits in place in Lakeland, FL. In the heart of the DixieLand area of Lakeland, with all public utilities available on-site. Highlights of OVATION AT LAKE HUNTER - Shovel ready Lakefront property offers all 24 units with 2 bedrooms and 2 bathrooms with a laundry room. Each unit 1200 Sft makes it one of the most desirable apartments in Lakeland. All Utilities available on-site and the Impact fees waived by Lakeland city and the school concurrency. ***Seller Financing Available*** Market Highlights – Per Costar Submarket average 12 mo. Vacancy: 5.5% Submarket 12 mo. Asking rent growth: 18% Submarket projected Vacancy YE 2022: 5% Submarket projected asking rent growth YE2022: 9%

Price History
9/22/2023 Listed $1,200,000

General Features

Sewer Public Sewer
Utilities Public
Zoning MF-24
Tax Year 2022
Current Use Commercial
Percent Ownership Fee Simple
Waterfront Features Lake
County Polk
Property Type Land
HOA / Comm Assn No
Facing Direction South
Status Active
Directions Lakeland Downtown - less than 2 miles Head west on E Walnut St toward S Indiana Ave - 253 ft Slight right onto Lake Morton Dr - 0.5 mi Turn right onto E Palmetto St - 0.2 mi Turn left onto S Miss
City LAKELAND
Buyer Agent Compensation 2%
Body of Water Lake Hunter
MLS Area 33803 - Lakeland
Lot Size Square Feet 83635
Waterfront Y/N Yes
Street Name Lake Hunter
Listing Terms Cash,Conventional
Tax Annual Amount 850
Public Remarks OVATION AT LAKE HUNTER,a 24-unit Apartment complex with 2 12-unit buildings fully entitled with site plan approved,building permit,water and wastewater permits in place in Lakeland,FL. In the heart o
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6139934
Days on Market 181
Standard Status Active
Legal Description N 412.5 FT OF THE FOLLOWING BEG 514.5 FT N & 150 FT W OF SE COR OF W1/2 OF SE1/4 OF SW1/4 RUN N 805.5 FT TO N-LINE OF SE1/4 OF SW1/4 W 152 FT S 805.5 FT E 152 FT TO POB LESS S 393 FT & LESS LAKE HUNT
Water View Lake
Water Access Type Lake
Water Access Y/N Yes
Water View Y/N Yes

Interior Features

Street Suffix DRIVE
Living Area Units Square Feet

Exterior Features

Lot Features Buildable,Cleared,City Lot,In County,Level,Oversized Lot,Sidewalk
Water Source Public
Lot Size Area 1.92
Lot Dimensions irregular
Lot Size Acres 1.92
Road Surface Type Paved,Unimproved
Lot Size Units Acres
Road Frontage Type Street Paved,City Street

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 33803

Price
AVG $370K
$1.2M
Taxes
AVG $2,161
$850
Visits
AVG 224
407
Data Provided by Inside Real Estate®
Walkscore
AVG 65
55
Data Provided by Walkscore® not using MLS data

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