Under contract-accepting backup offers. Seller is highly motivated, Unlock the potential of this developer's paradise! With five(+/-) pristine acres of high and dry land, the canvas is yours to paint. Positioned strategically just off US-27 and 3 miles south of I-4, and nestled south of Posner Park mega shopping complex, this prime location boasts immense opportunity. Adjacent to the FELTRIM RESERVE townhouse community and backing onto the Advent Health Medical corridor, the setting is extremely promising.
Currently zoned Residential/Mix X, the potential for commercial zoning opens doors to endless possibilities. This is the sole vacant plot available, offering space for upwards of 40+ townhouse units, an apartment complex, or any other venture you envision. Recent statistics highlight Polk County's impressive 4% job growth, underscoring the region's economic vitality and potential for further development."
Holly Hill Tank ROAD, Davenport, FL, 33837
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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