KANSAS AVE & ADAMS STREET,  Astatula  (34705)

$1,950,000

0 bedrooms 0   0 bathrooms 0   2221124 square feet 2,221,124
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PROPERTY DETAILS

Address: view address
Astatula, FL 34705
Map Location
Features: Watefront
Square Feet:2,221,124 sq.ft.Lot Size:50.99 acres
Year Built:2000Property Type:Land
Neighborhood:Colina Del LagoCounty:Lake
List Date:2020-09-22Listing Number:O5894184
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MLS DESCRIPTION

Colina del Lago is a builder's dream development only 35 minutes from downtown Orlando using the new turnpike entrance in Minneola. Colina del Lago includes 3 lakefront lots with dock approvals directly on Little Lake Harris. The community features 60 lots and most are 100ft+ wide 1/2 acre lots. There is city water available from the Town of Astatula. Of the 60 lots there are 40 lots with no direct rear neighbor, providing much privacy for residents on their already large lots. The community is less than a mile from the recreational Joe Swaffer Park with tennis, basketball, soccer and playground. This property was originally 11 parcels totaling 87 acres is now being offered as 60 approved 1/2 acre lots. Preliminary plat and Construction Plan approvals are already in place. Only awaiting DEP and SJWMD approvals and permits to allow for sitework and infrastructure work to begin. The 60 lots as approved "paper lots" are priced at $25,000/each for the 57 lots and $150,000/each for the 3 lakefront lots totaling $1,875,000 for "paper lots". On November 9th, 2020 when Final Plat Approval and SJWMD permits are in hand sitework will begin and the lots will be sold as 60 "finished lots" and the finished lot price will become $3,950,000 with all 60 lots being ready to build homes on by March 1, 2021. The seller has $5,081 per lot in pre-paid impact fees (totaling $304,860) that will be required to be purchased by the buyer in addition to lot costs. The new owner can redeem these credits at the time they pull each individual building permit at $5,081 per lot.






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Property and Lot Details

Body Of Water:LITTLE LAKE HARRISElementary School:Astatula Elem
High School:Tavares HighLot Acres:51
Lot Dimension:1142x976x562x2601Lot On Or Near Lake:Yes
Lot Zoned:R-1AMiddle School:Tavares Middle=Tavares Middle
Public Water:YesSubdivision:COLINA DEL LAGO
Taxes:1,723Transaction Type:Sale
Waterfront Lot:YesWooded Lot:Yes

PHOTO GALLERY

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Listing courtesy of: TKC PLATINUM PROPERTIES