Downtown Auburndale Multi-family Acreage

Totaling just over 5 acres in Downtown Auburndale, this site overlooks Lake Stella, and is just minutes away from downtown amenities. The property currently consists of 13 apartment units and 1 single family home on 5.35 +/- acres. The existing buildings could remain for cash-flow purposes, or the site can be re-developed for multi-family apartments or senior care. The zoning for this property (RIO) will allow a developer to build up to 14 units per acre, and other commercial uses are permitted.