0 Old Dixie HwyLakeland, FL 33823

Property Details for 0 Old Dixie Hwy

Lot size

38.06 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 38.06-acre parcel in Auburndale, Florida, presents a remarkable opportunity for multifamily development. Located at the intersection of Polk Parkway and Old Dixie Highway (CR 546), this site is zoned for multifamily use and approved for construction of 312+ residential units. The property is part of a larger master-planned community, seamlessly integrating with 233 single-family lots, 266 townhome lots, and an 85-room hotel, creating a diverse and vibrant residential ecosystem. Its strategic location offers unparalleled convenience, situated just 20 minutes from Legoland Florida and less than an hour from both Disney World Resort and Universal Studios Florida. This prime location provides future residents with easy access to major attractions and entertainment. The development potential extends beyond traditional multifamily housing, with opportunities to incorporate amenities such as RV parking and bungalow-style units, catering to a wide range of lifestyles and preferences. This is a unique chance to create a thriving community in a rapidly growing area, offering a compelling investment opportunity for developers seeking to build a high-impact residential project. The asking price for this exceptional property is $6,552,000. The legal entity currently owning the land is Auburn Lakes, LLC. The property's address is 0 Old Dixie Hwy, Auburndale, FL 33823, within Polk County.

Location Insight

City

Lakeland

County

Polk

State

Florida

Latitude

28.0735

Longitude

-81.838

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