MLS 316008- 1115 Basket Lake 102ac
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 per acre the cost per lakeview unit would only be $9,967 per 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 per unit well under what other's have recently appraised for.
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US 27 & Hammock Rd to Sebring Pkwy to Home Rd left CR 17 to right on Arbuckle Cr Rd to sites on left