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$ 3,600,000
Est. payment | /mo
5.21 Acres Lot
$ 3,600,000
Est. payment | /mo
5.21 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID O6260582
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $5,929
Lot Size 5.210 Acres
Acres 5.21
Lot Dimensions 523X561X160X365X316X117X50
Property Description
An unparalleled development opportunity awaits at 2216 Gabarone Boulevard, Auburndale, FL 33823: a 5.21-acre lot with approved permits for the construction of “The Town of Lake,” a visionary multifamily residential project featuring 59 units. Strategically positioned in Central Florida, this shovel-ready property offers an impressive 118,000 SF of proposed on-site development area, supported by 0.29 miles of infrastructure-ready roadway and prime RG1 zoning (Medium Density Residential). Situated in the heart of a booming region, Auburndale is experiencing unprecedented growth fueled by its proximity to Orlando and Tampa, easy access to Interstate 4, and the rising demand for quality housing driven by job creation, population expansion, and lifestyle appeal. This project is designed to capitalize on the area’s thriving economy, which includes major employers, retail hubs, and recreational amenities that make it a magnet for families and professionals alike. With permits fully approved, this investment eliminates the typical time and cost barriers of development, offering a fast track to market in one of Florida’s most dynamic regions. The Town of Lake represents a unique opportunity to meet growing housing demands while delivering high returns in a location primed for long-term growth. This is not just a property; it’s a gateway to Central Florida’s next major residential success. Seize this rare chance to lead the market—contact us today to take the first step in making this project a reality!
Location
State FL
County Polk
Zoning R-2
Exterior
Fence Boundary Fencing
Utilities Available Cable Available, Electricity Available, Fire Hydrant
Building
Lot Description Central Business District
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Schools
Elementary Schools Lena Vista Elem
Middle Schools Stambaugh Middle
High Schools Auburndale High School
Others
Ownership Fee Simple
Special Listing Condition None
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