#310269, Listing Office: RE/MAX REALTY PLUS
Property details
About 2400 US-27 Hwy N
Take a look at this rare opportunity for a builder/Investor to acquire the only residential development properties in Highlands County that sit on US Highway 27 and Gorgeous Lake Damon in Avon Park Florida. The two connecting properties have over 1,000sqft of Highway and Lake frontage with access off of N Lake Damon Rd with boat ramp access. The properties are zoned R2 and has a Future Land Use designation of Medium Density, Single Family Attached and Duplex. Per Table 2.04.01(A) of the City’s Unified Land Development Code, both Townhouses and Condominiums are permitted uses in the R-2 zoning district. Per the City’s Comprehensive Plan, the Medium Density Residential Future Land Use permits residential development at a maximum of 16 dwelling units per gross acre. Townhouses and condominiums are classified as single-family, attached residential units. Per Table 2.04.01(B) of the City’s Unified Land Development Code, the maximum density allowed for single-family residential development is 6 dwelling units per gross acre. At the current design of 4 floors 96 units were the estimated amount of units to be possible to build and considering a 5 th level can be added with the changes to code and zoning. Also, there may be a possibility to elevate the zoning to higher density project such as a waterfront hotel. Owners willing to owner finance at 50% downpayment. Offering Memorandum with further information upon request. ? Prime Placement on Us Highway 27. ? Gorgeous Water Views on Lake Damon. ? 1 hour from Disney World and Amusements Parks. ? 20 Minutes from Sebring International Raceway. ? Due to Influx of New Residents, Housing Especially Luxury is Highly Sought After. ? Ability to Build up to 5 Floors.
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Summary
- MLS Number: 302859
- MLS Name: HeartlandFL
- Office Name: LPT Realty LLC
- Office Phone: (888) 777-9611
- Office Email: boards@lpt.com
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Last updated on: 3/14/2025, 5:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,900
2400 US-27 Hwy N
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Price information
Property sales
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Nearby schools
3
Memorial Elementary School
Public District PK-5
1.5 mi
•867 Memorial Dr
6
Sun'N Lake Elementary School
Public District PK-5
2.0 mi
•4515 Ponce De Leon Blvd
3
Avon Elementary School
Public District PK-5
2.4 mi
•705 Winthrop St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,425. The most common annual income of people living in Avon Park, FL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 2400 US-27 Hwy N
This home is located at 2400 US-27 Hwy N in Avon Park, FL and zip code 33825. Features: 0 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $749,900.
While more than 0 listings in Avon Park, FL in February 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The inventory of homes for sale in Avon Park, FL between January and February 2025 increased by 10.5%. While the average time on the market in February 2025 was 77 days, the median list price was $230,104.