About 1115 Basket Lake Road
64.5+-Acres Prime Lake View Residential Development Land with Medium Density Residential Land Use preserving your entitlements when ready and Ag zoning to keep your taxes down in the meantime! Water & sewer nearby. Paved Roads(Powerline Rd) along the North properties and Arbuckle Creek Rd along the south properties with lakefront multi-family apartment complexes & lakefront communities on the other side of road also utilities servicing these adjacent developments ensures your potential ease of development. Development proforma metrics if one rezones for simply 3 units / acre the cost / lakeview unit would only be $9,967 / unit but most would certainly shoot for 1/3 multi-family to match the Dinner Lake adjacent use bringing this to potentially ONLY $5,264/ unit well under what other's have recently appraised for. Don't Miss Out On This Before It is SOLD! There are already Offer's on The Table..
Features of 1115 Basket Lake Road
| MLS® # | L4954207 |
|---|---|
| Price | $2,257,500 |
| Acres | 64.50 |
| Type | Land |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 1115 Basket Lake Road |
|---|---|
| Area | Avon Park/Avon Park AFB |
| Subdivision | BASKET LAKE GROVES SEC 17 |
| City | AVON PARK |
| County | Highlands |
| State | FL |
| Zip Code | 33825-6901 |
Amenities
| View | Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | July 3rd, 2025 |
|---|---|
| Days on Market | 92 |
| Zoning | AU |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ADVANTAGE REALTY 1 |
|---|