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.