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Informations principales sur l'investissement

  • Shovel-ready multifamily development site in downtown Lakeland
  • Unit mix includes 40 one-bedroom and 8 two-bedroom residences
  • Walking distance to Barnett Park, Hollis Garden, The Joinery, Lake Mirror, and Lake Morton
  • Two parcels with approved plans and entitlements for 48 total units
  • Backed by developer incentives from the City of Lakeland

Résumé analytique

This fully permitted multi-family development site offers a rare, shovel-ready opportunity in the heart of downtown Lakeland. Located at the corner of Lime Street and Indiana Avenue in the charming Garden District, the property includes two parcels with approved plans and entitlements for 48 units—backed by valuable developer incentives from the City of Lakeland. The thoughtfully designed unit mix features 40 one-bedroom, one-bath residences and 8 two-bedroom, two-bath homes, ideally suited to meet the area’s strong and growing rental demand.
This property is perfectly positioned to take advantage of downtown’s ongoing transformation. In recent years, thousands of jobs have shifted into the area with the arrival of major projects like the new Summit building and Publix’s Downtown IT headquarters. Just steps away, residents can enjoy Barnett Park, Hollis Garden, The Joinery food hall, Lake Mirror, and Lake Morton. With downtown’s live-work-play renaissance in full swing, this location offers not only lifestyle convenience but also strong long-term value.

Informations sur l’immeuble

Prix 1 380 592 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Lots d’appartement
Surface totale du lot 0,36 ha
Zonage O-1

1 Lot disponible

Lot

Prix 1 380 592 €
Prix par ha 3 833 165,22 €
Surface du lot 0,36 ha

Fully permitted 48-unit multi-family development site offers a rare, shovel-ready opportunity in the heart of downtown Lakeland. Located at the corner of Lime Street and Indiana Avenue in the charming Garden District.

Description

This fully permitted multi-family development site offers a rare, shovel-ready opportunity in the heart of downtown Lakeland. Located at the corner of Lime Street and Indiana Avenue in the charming Garden District, the property includes two parcels with approved plans and entitlements for 48 units—backed by valuable developer incentives from the City of Lakeland. The thoughtfully designed unit mix features 40 one-bedroom, one-bath residences and 8 two-bedroom, two-bath homes, ideally suited to meet the area’s strong and growing rental demand. This property is perfectly positioned to take advantage of downtown’s ongoing transformation. In recent years, thousands of jobs have shifted into the area with the arrival of major projects like the new Summit building and Publix’s Downtown IT headquarters. Just steps away, residents can enjoy Barnett Park, Hollis Garden, The Joinery food hall, Lake Mirror, and Lake Morton. With downtown’s live-work-play renaissance in full swing, this location offers not only lifestyle convenience but also strong long-term value. *The asking price of $1,800,000 is derived from a 2025 appraisal.

Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 24-28-19-000000-031010
  • 24-28-19-000000-031020
Évaluation du terrain
135 162 €
Évaluation des aménagements
176 454 €
Évaluation totale
311 616 €
  • ID de l’annonce: 37990707

  • Date de mise sur le marché: 08/10/2025

  • Dernière mise à jour:

  • Adresse: 625 Lime St, Lakeland, FL 33801

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