Investment Overview
Excellent development opportunity in an area of relaxing lifestyle. The property is situated a 1/4 mile south of Frostproof City Limits, in an existing residential area with visibility from US 27. This property is in the Sun Ray neighborhood and additional residential development makes sense and appears to be a conforming use. It is centrally located in Florida with easy access to either coast. The Sun Ray Park and Community Center is contiguous to this property on its north side. NAC allows for a variety of uses, which could include: Multifamily (up to 10 units per acre), Planned Development (PD), retail nurseries, office park, restaurants, convenience stores, and others.
Investment Highlights
- Prime development site just 1/4 mile south of Frostproof City Limits
- High visibility from US 27
- Adjacent to Sun Ray Park & Community Center
- Zoned NAC: allows Planned Development (PD), multifamily, retail, office, restaurants & more