LAKE MARIE DRIVE, DUNDEE, FL 33838
$449,900
Commercial Lots Taxes: $215.00 Type: Commercial Listed on 08/02/2016 MLS # P4711416

Description of LAKE MARIE DRIVE, DUNDEE, FL 33838

Well elevated property adjoining Town of Dundee fronting Lake Marie. The Town of Dundee fronts Hwy 27 for easy access to I-4 (Orlando/Tampa). Property is just off Hwy 17 or Scenic Hwy. for easy access to Hwy 27. Zoning is multiple-family Residential/land use is Medium Density Residential. Owner has partially entitled property (see concept for 56 apartments), as this appears to be the highest and best property usage. Owner will fully cooperate or assist with entitlements. The owner is an established builder and would be open to a creative purchase agreement, including joint venture.

Directions to LAKE MARIE DRIVE, DUNDEE, FL 33838

From WH east on W Central Ave toward 5th St SW, continue on Lake Elbert Drive SE, continue onto Dundee Rd, turn right on Main St, continue onto Lake Marie Blvd. Turn left on Old Scenic Hwy, left on Woodland Drive. Property shows up as Lake Marie Blvd.

Features of LAKE MARIE DRIVE, DUNDEE, FL 33838

Lot

  • Frontage: 370
  • Lot acreage is: 4.68
  • Lot dimension is: X
  • Lot has lake access
  • Lot has lake view
  • Lot has water view
  • Lot zoned: RMF
  • Present use: Multi-Family
  • Subdivision: FLA HIGHLANDS CO SUB

Utilities

  • Sewer

Other

  • Tax year: 2017

Mortgage Payments for LAKE MARIE DRIVE, DUNDEE, FL 33838

The approximate monthly Principal & Interest payment for this property would be $2,130. This payment is based on a 30-year loan at a fixed rate of 4.75 % with a down payment of $44,990. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.