Old Lucerne Rd - Commercial LAND FOR SALE


Winter Haven, FL 33881 599,821 SF
$4,800,000 USD
689-202-8487
Old Lucerne Rd, Winter Haven, FL for Sale
$4,800,000 USD
Commercial LAND - FOR SALE
1/2
599,821 SF

Old Lucerne Rd
Winter Haven, FL 33881


OVERVIEW

Location: Strategically located with dual access from State Road 544 and Old Lucerne Park Road, Winter Haven, Florida. Future Traffic Growth 2026: State Road 544 is set to expand to a 4-lane road, significantly increasing traffic counts and boosting visibility and accessibility. Zoning: The property is zoned C-3 and PUD (Planned Unit Development) for a mixed-use of commercial and residential. Residential Density: Permitted under Section 21-45 as a Neighborhood Activity Center, allowing up to 6 stories(65 ft.) in elevation. Development Potential: Suitable for an Adult Living Facility with the potential to build over 400 doors. Acreage: Parcel 1: Approximately 9.31 acres. Parcel 2: Approximately 4.17 acres. Parcel 3: Approximately 0.29 acres. Total Area: A combined total of 13.77 acres, with an additional 0.75 acres of neighboring property available if needed. Opportunity Zone: Property is available for Opportunity Zone designation, offering potential tax incentives for investors. Utilities: Ready for commercial and residential development (contact municipality for detailed utility availability-electricity, gas, water, sewer, and phone). Taxing District: Within the Winter Haven/SWFWMD taxing district. Community Redevelopment: Not located in a CRA-designated area, offering more planning flexibility. Market Potential: Directly across the street, a 400-home residential neighborhood is under development, and hundreds more in surrounding area creating a strong demand for supporting commercial and mixed-use infrastructure. Ideal for retail, mixed-use developments, or industrial projects in a rapidly growing area. Accessibility: Dual entrances provide excellent connectivity to major roadways and convenient access for commercial and residential traffic. FLDOT approved entrance Property Value: Assessed land value with favorable tax rates ensures cost efficiency for investors? Owner financing available: Owner may have interest in financing 50% of the purchase price. Some Civil Engineering has been started: Basic perch test and storm water retainage.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/ACRE

$348,584/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

State Road 544

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

13.77 AC

LAND SF

599,821 SF

OFFSITE IMPROVEMENTS

-

ZONING

C-3/NAC

APN/PARCEL ID

26-28-01-521000-182001,26-28-01-521000-183000,26-28-01-521000-203001

ASK ABOUT THIS PROPERTY

Nicholas VaseloffReal Broker, LlcMore Info
689-202-8487

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Nicholas VaseloffReal Broker, LlcMore Info
689-202-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.