Address
5161 Berkley ROAD, AUBURNDALE, FL
Price
$ 3,750,000
Property Attributes
  • MLS#O6127601
  • TypePending
  • CountyPOLK
  • CityAUBURNDALE
  • AreaAuburndale
  • Zip33823
  • Style
  • Taxes$ 5618
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size17.62 Acres
Data Source:
Stellar MLS
Property Description

MULTIFAMILY DEVELOPMENT OPPORTUNITY! Apartment site in growing Auburndale along Berkley Road at the Pace Road intersection. 17.62 acres on three parcels. Currently zoned within Unincorporated Polk County. Approval has been given by the City of Auburndale to annex into the City. A new multi family PD-H2 zoning classification will likely be utilized, which would allow 15 units per acre. Estimated units between 225-275. 50' height allowed for a 3 story complex. A master lift station development is underway to the south of properties, which will service this site. Sewer construction should be compete in 12-18 months. The location is a few miles north of US 92, an east west thoroughfare that travels the entire state. Auburndale, FL is well positioned in the state, on the important I-4 corridor between Tampa and Orlando, and locally between Lakeland and Winter Haven FL. It has a population of 18,000. Berkley Charter school resides across the street from this site and Florida Poly Tech (University) is also nearby. The location is within minutes from the US 92 corridor - close to big box retailers, grocery, retail and restaurant. The Polk Parkway is very close by - this roadway is an efficient toll highway, linking Polk County, between Exits 25 and 41 on Interstate 4. There are existing occupied homes on each of the parcels at present. Other address include 1913 County Road 655, Auburndale FL 33823 & 100 My Drive Way, Auburndale FL 33823

Price History
7/20/2023 Listed $3,750,000

General Features

Sewer Septic Tank
Utilities Other
Zoning RC
Tax Year 2022
Current Use Other
Percent Ownership Fee Simple
County Polk
Property Type Land
Facing Direction East
Status Pending
Directions US 92 to Berkley - north to property.
City AUBURNDALE
Buyer Agent Compensation 2%
MLS Area 33823 - Auburndale
Lot Size Square Feet 604761
Waterfront Y/N No
Street Name Berkley
Listing Terms Cash,Conventional
Tax Annual Amount 5618
Public Remarks MULTIFAMILY DEVELOPMENT OPPORTUNITY! Apartment site in growing Auburndale along Berkley Road at the Pace Road intersection. 17.62 acres on three parcels. Currently zoned within Unincorporated Polk C
Days on Market 120
Standard Status Pending
Legal Description N 822.13 FT OF SE1/4 OF NE1/4 LYING BETWEEN SAL RR R/W & SR 655 LESS THAT PART BEING R/W PCL 226 FOR BERKLEY RD AS DESC IN OR 7713 PG 0928

Interior Features

Street Suffix ROAD
Living Area Units Square Feet

Exterior Features

Water Source Well
Lot Size Area 13.8834
Lot Dimensions 767527
Lot Size Acres 17.62
Road Surface Type Asphalt,Paved
Lot Size Units Acres
Road Frontage Type County Road,Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33823

Price
AVG $430K
$3.75M
Taxes
AVG $2,159
$5,618
Visits
AVG 615
748
Data Provided by Inside Real Estate®