An unparalleled development opportunity awaits at 2216 Gabarone Boulevard, Auburndale, FL 33823: a 5.21-acre lot with approved permits for the construction of “The Town of Lake,” a visionary multifamily residential project featuring 59 units. Strategically positioned in Central Florida, this shovel-ready property offers an impressive 118,000 SF of proposed on-site development area, supported by 0.29 miles of infrastructure-ready roadway and prime RG1 zoning (Medium Density Residential). Situated in the heart of a booming region, Auburndale is experiencing unprecedented growth fueled by its proximity to Orlando and Tampa, easy access to Interstate 4, and the rising demand for quality housing driven by job creation, population expansion, and lifestyle appeal. This project is designed to capitalize on the area’s thriving economy, which includes major employers, retail hubs, and recreational amenities that make it a magnet for families and professionals alike. With permits fully approved, this investment eliminates the typical time and cost barriers of development, offering a fast track to market in one of Florida’s most dynamic regions.The Town of Lake represents a unique opportunity to meet growing housing demands while delivering high returns in a location primed for long-term growth. This is not just a property; it’s a gateway to Central Florida’s next major residential success. Seize this rare chance to lead the market—contact us today to take the first step in making this project a reality!
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Property Details
Lot description:Central Business District
Acres:5.21
Property type:Purchase
Sewer information:Septic Tank
Utility source:Well
Utility features:Cable Available, Electricity Available, Fire Hydrant
Elementary School:Lena Vista Elem
Middle School:Stambaugh Middle
High School:Auburndale High School
County:Polk
Original List Price:$3, 000, 000
Days on Market (Cumulative):17
Taxes annual:$5, 929
MLS #:O6260582
Cost:3600000
Property subtype:Land
MLS #:O6260582
Location
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