Residential Investment Property

Land Description

This property can be a residential income package, a family residence or a retiree could live on one of the 3 properties and obtain rental income from the other two. It has great diversification!

The property includes 15 acres, 3 residences, 2 wells, pasture fencing, former horse training arena area, security gate and for someone with lots of "toys" there is a large "pole barn" which is 40' wide and 92' long with 14.4 clearance height. This building could be further enclosed for another use and there is water and electric to the building.

The 15 acres could be used for horses, cattle or other domestic animals or for recreation. The soils would support citrus planting (perhaps some of the new varieties or a greenhouse to grow them?) Fencing is divided to permit this diversification.

The property is located about 20 minutes from Lake Wales, 25 minutes from Winter Haven, and easily accessible from Haines City. Orlando airport is about 1 hours, Tampa airport 1.5 hours and about 3 hours to Miami.

The future land use is RS (Residential Suburban) and real estate taxes are currently $ 2,609. per year.

The property is shown by appointment only by the owners since it is tenant occupied.

Electric service is Duke Electric, Verizon phone and internet service. Private wells and septic tanks.

The property can be divided for sale as follows. # 1 and 2 $ 250,000. # 3 $ 75,000. or the package is $ 325,000.