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Bartow 16.7± acre development tract entitled for 38 lot residential subdivision.

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  Lot #10  (Sale Order: 10 of 21) 
Sold for: $12,000.00 to onsite
$12,000.00 x 17 = $204,000.00 Total
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Higgenbotham Auctioneers International

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Location: Lake Wales, FL
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Absolute Auction! 3720 E. Gandy Rd, Bartow, FL 33830 16.7± acre development tract entitled for 38 lot residential subdivision. This property is located in the City of Bartow with city water at the site. Phase 1, Geotech, Surveys, SWFMD permitting, construction & development plans & landscape design are completed! High & dry, north border faces the Peace Creek. Current cattle lease to preserve greenbelt status. 3” well currently on property. The subject property is high and dry and the north border faces the peace creek. Each lot is approximately 1/4 acre in size. It is expected that the homes to be built on site will be 1500-2500 sq. ft. in size with a two-car garage and will sell for $165,000 to $275,000. Completed are the phase one, geo-technical investigation, landscape design, boundary and topographic survey, construction plans and developmental plans. The only remaining items are the SFWMD permitting ($4,700 +/-), state potable water and drainage permitting ($2,100 +/-) and Polk county road connection permitting $2,000). These remaining items were intentionally not completed so that a set time to start the subdivision was not scheduled by the city of Bartow. You should be able to break ground in as little as 90 days after closing; which is the approximate time needed to finish these few remaining items! Owner financing available with an additional 25% down, 7% interest for up to 30 years.

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This item is part of Real Estate Auctions - Central Florida
 Saturday, Jun 10, 2017 | 10:00 AM  Eastern
 
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Bartow 16.7± acre development tract entitled for 38 lot residential subdivision.
Bartow 16.7± acre development tract entitled for 38 lot residential subdivision.
Lot number: 10
Seller: Higgenbotham Auctioneers International
Event: Real Estate Auctions - Central Florida
Ends: Saturday, June 10 | 10:00 AM  Eastern

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