2000 Michigan Ave, St. Cloud, FL 34769 - For Sale
DEVELOPMENT OPPORTUNITY! Unique in-town parcel with Planned Development proposal for 270 single family homes and 112 townhomes already in place for just 116 of the 150.4 total acres. More room to develop! SEE ATTACHMENTS for detailed information. Property comprises 7 total Parcels (112630072500010657, 112630072500010790, 112630495000010658, 112630495000010810, 112630495000010840,112630495000011026, 142630495000010030). Property has two existing homes, one with tenant that rents for $750/mo. Main house has 5 large bedrooms, is tiled throughout and has an indoor in-ground pool! The property currently operates as a cattle ranch and has multiple outbuildings and cross-fencing to support this function. There are many beautiful ponds on the property. Owner will consider selling off 121 acres for 2.95M with access to Missouri Ave only (see attachments for clarification). Owner may also consider selling pre-approved development portion only and retaining existing residences. There are numerous possibilities with this property. The available housing supply is steadily dwindling and this unique development opportunity is priced, and timed, perfectly. Future Land Use Zoning is for 5 units per acre. Preliminary Subdivision Plan approval (copy available upon request) is for 3.37 units per acre. The right buyer can hit the ground running with much of the paper work complete and have a quick return on investment.
2000 Michigan Ave - listing #468061
- Type: Single Family House
- Price: $5,450,000
- MLS#: S4685970
- Letest update: 09/02/11
- Bedrooms: 5
- Bathrooms: 3
- Flooring: Ceramic Tile
- Fire Place: Woodburning fireplace
- Area Size (SF): 7,319 sqft
Status: For Sale
Added: 2011-09-02 Updated: 2011-09-02
St. Cloud, FL 34769 US
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Useful information about Saint Cloud, FL 34769 location:
The population of this area is about 18,319. The Average count of Households in this area is 8,175. Black population is about 443, White Population is about 16,782, Hispanic Population is about 1,941, Asian Population is about 172, Hawaiian Population is about 9, Indian Population is about 100, Other Population is about 514. Average Houses in this area is 85,400. Average Income per Household is $35,364. Median Age of population is 38.3 years.
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