Dont miss out on this one perfect 12.34 acre property available for residential redevelopment! This property has been approved for 52 single family lots (preliminary site plan available).
Option 1: Cost Effective Enhancement Plan Estimated Duration: 6 (+ ) months Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: Requesting Osceola County approval to only improve Anderson Road up to the project entrance. Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+ ). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns.
Option 2: Major Redevelopment Plan Estimated Duration: 12 (+ ) months Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Dont miss out on this one perfect 12.34 acre property available for residential redevelopment! This property has been approved for 52 single family lots (preliminary site plan available).
Option 1: Cost Effective Enhancement Plan Estimated Duration: 6 (+ ) months Estimated Seller/Developer Cost: $40,000 This option focuses on achieving significant cost savings while slightly enhancing project yield. 1. We are working on reducing infrastructure costs by: Requesting Osceola County approval to only improve Anderson Road up to the project entrance. Relocating the retention pond to enable dual frontage along the project's main access road. 2. These changes are expected to lower infrastructure expenses by approximately 30% (+ ). 3. We also plan to increase the number of Single Family units from 52 to 54, enhancing investment returns.
Option 2: Major Redevelopment Plan Estimated Duration: 12 (+ ) months Estimated Seller/Developer Cost: $200,000 This option involves a complete redesign of the community to maximize Unit count and Revenue potential. 1. Includes all cost reduction strategies from Option 1. 2. Submit a new permit request to replace the current 52 Single Family Units with 98 Townhomes. 3. This approach significantly increases the project density, resulting in higher overall ROI. These options are currently under review and discussion. We believe both plans offer Substantial Potential and we will update Builders and Investors as developments progress
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2023
Other Features
Country: US
Current Use: Multi-Family
Legal Description: BEG 621 FT W & 25 FT N OF SE COR GOVT LOT 2, N 500 FT, W 1075.5 FT, S 500 FT, E 1075.5 FT TO POB
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