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For Sale

Multifamily Site Approved for 259 Units

US Hwy 27 & Poitras Road 2,
Davenport, FL 33897

Asset Snapshot

12.86 Acres
Land Area

Offering Summary

Investment Overview

Multifamily Site Approved for 259 Units


Investment Highlights

  • 12.86± acre shovel-ready apartment site
  • Permitted for 259 units and clubhouse with surface parking and an additional 24 garages across 4 buildings
  • Project has completed planning and permitting, with all permits in place and assumable, although not yet paid for
  • Ideal opportunity for a quick startup in a strong growth location
  • 780± feet of direct frontage and access on US Hwy 27
  • Across from Northeast Regional Park and Old Lake Davenport
  • Great location in the Four Corners, just south of US Hwy 192 with easy access to SR 429, SR 417 and I-4

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$8,000,000
Asking Price

Investment Sales Broker

Chris Elder
NAI Realvest

Market Insights