Traditions Phase 3

Vacant Land for Sale
Catylist Listing ID: 29968818
Property Subtypes: Multi-Family, Other
Gross Land Area: 95 Acres
Sale Price: $7,500,000
Unit Price: $78,947 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Vacant Land.  95 +/- acres
Assisted Living - 36 +/- Acres (695 units)
Multi-Family (Senior Living/Villas) - 59 +/- Acres (346 units)

City of Winter Haven Zoning: PD Ordinance O-06-86
FLU: Residential Medium 4.01-10 D.U. per Ac.
Proposed Uses: Senior Living (multi); Assisted Living (multi)

ASSISTED LIVING FACILITY SITE (ALF) - $3,000,000.00
MULTI-FAMILY SITE (Senior Living/Villas) - $4,500,000.00

Attachments & Media

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Taxing Authority: Polk County
Tax ID/APN: 262913687552003310, 262913687552003330, 262913687552003340 and 262913687552003370
Zoning: POLK COUNTY - RESIDENTIAL MEDIUM (RM) LAND USE. WITHIN PUD
Largest Nearby Street: Thompson Nursery Road
Highway Access: Thompson Nursery Road connects to US Highway 27
Site Description: Planned Unit Development Site which has been approved for multiple senior housing types. Surrounded by several small lakes which makes this well-located site even more attractive for development of desirable community for elderly.
Area Description: South of Thompson Nursery Road, connected by both Coon Lake Road and Olsen Road. Located in beautiful southeast Winter Haven, surrounded by quality single family residential communities.
Part of Planned Development?: Yes
Development Name: Traditions

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,476 64,542
Median Age: 45.21 41.94
Households: 8,499 25,428

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