Oak Loop

Oak Loop

Mulberry, FL 33860

$1,000,000
Last Sold Price
1,307 / 0.03
Lot Size / Acres

Sold 7/5/22

Sold 7/5/22

Description

Prime development opportunity! 42 pad ready Villas ready to build with all infrastructure in place. The current owner has gone before the COA Board and received approval for his style of building with a garage. Building is designed for 2 bedroom, 2 bathroom and a den/office. Owner estimates each completed Villa unit will sell for $205,000 to $220,000 depending on finishes. Or build them all and keep as a 42 unit rental property. Current owner has the majority vote for the association and is currently...Prime development opportunity! 42 pad ready Villas ready to build with all infrastructure in place. The current owner has gone before the COA Board and received approval for his style of building with a garage. Building is designed for 2 bedroom, 2 bathroom and a den/office. Owner estimates each completed Villa unit will sell for $205,000 to $220,000 depending on finishes. Or build them all and keep as a 42 unit rental property. Current owner has the majority vote for the association and is currently President of the COA. Other two Board Members are developer friendly. COA monthly fees do not start until Certificate of Occupancy is achieved for each Villa. Polk County Utility will show water and sewer locations. TECO Electric is the supplier. All underground lines and transformer in place. Current Owner has Soil Boring Reports, all good and ready to build today! Association has pool and club house. Association is responsible for all exterior maintenance and yard. Association also includes cable/internet.
  1. Listed by Brett Vogeler • 360 PERSPECTIVE PARTNERS

Property Details for Oak Loop

Subdivision Name
MEADOW OAKS A CONDO
Township
29
Waterfront
No

Location

Listing Courtesy of 360 PERSPECTIVE PARTNERS, Brett Vogeler

Sold By BOSUN PROPERTIES & SALES LLC, DJ Delgado

Add your commute
LISTING UPDATED: 07/07/2022 11:14 AM

Property Details for Oak Loop

StatusSold
MLS #L4924418
Days on Market332
Taxes$114 / year
HOA Fees-
Condo/Co-op Fees$395 / month
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.03 AC
CountyPolk County

Location

Listing Courtesy of 360 PERSPECTIVE PARTNERS, Brett Vogeler

Sold By BOSUN PROPERTIES & SALES LLC, DJ Delgado

Add your commute

Building Information for Oak Loop

Lot Size0.03 AC

Payment Calculator

$5,862 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$10

HOA Dues

$395

The Payment Calculator is for illustrative purposes only.

Property Information for Oak Loop

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Community Features: Golf
  • Directions: Imperial Lakes from off of Shepherd Road to Imperial Lakes Blvd, right on Oak Loop and parcels are around Oak Loop
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • Street Name: OAK
  • Street Suffix: LOOP
  • State: FL
  • City: MULBERRY
Taxes and HOA Information
  • Association Fee Includes: Cable TV, Community Pool, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pool Maintenance
  • Association Fee Requirement: None
  • Association Name: Joanne
  • Association Phone: 813-951-0312
  • Association: Yes
  • CDD: No
  • Tax Book Number: 11490/0172
  • Tax Legal Description: MEADOW OAKS BK 1954 PGS 809 THRU 846 LYING & BEING IN PART OF SECTIONS 27 & 34 T-29 S RGE 23 E UNIT NO 26 & AN UNDIVIDED SHARE IN THE COMMON ELEMENTS AS PER CONDO DECLARATION
  • Tax Lot: 26
  • Tax Year: 2021
Property
Lot Information
  • Additional Parcels: Yes
  • Current Adjacent Use: Multi-Family
  • Current Use: Subdivision
  • Lot Features: Buildable, Cleared, Compact Soil, In County, Level/Flat, Near Golf Course, Street Lights, Street Paved, Suburb
  • Lot Size Dimensions: 50 x 26
  • Parcel Number: 23-29-27-142030-000260
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning Compatible: Yes
  • Lot Dimensions: 50 x 26
Property and Assessments
  • Association Amenities: Cable, Clubhouse, Pool
  • Flood Zone Code: x
  • Number Of Lots: 42
  • Public Survey Range: 23
  • Public Survey Section: 27
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electrical Nearby, Electricity Available, Fire Hydrant, Phone Available, Public, Sewer Available, Sewer Nearby, Street Lights, Telephone Nearby, Underground Utilities, Water Available, Water Nearby
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 50
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No
Rental
Rental Information
  • Pets Allowed: Yes

Property History for Oak Loop

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Oak Loop

This home is within Polk.
Rating
School
Type
Grades
Distance
James W. Sikes Elementary School
Public - PK to 5
Bartow Elementary Academy
Public - K to 5
Union Academy
Public - 6 to 8
Mulberry Middle School
Public - 6 to 8
Rating
School
Distance
James W. Sikes Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

Mulberry Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 360 PERSPECTIVE PARTNERS, Brett Vogeler

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/07/2022 11:14 AM