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Property Description

Located just East of the town of Dundee, Dundee Lakes Phase 1 is a beautiful new residential development located on Lake Trask in Polk County, Florida. This 139-acre lake-front property is an active citrus grove with an agricultural exemption. There are  345 residential lots that are currently being entitled with full approvals expected in six months.
This property is located on Lake Marie Drive in the city limits of Dundee. Phase 1 of Dundee Lakes is available now.

Dundee Lakes is a Planned Unit Development (PUD) with the city. There are 345 single family lots in Phase 1. This consists of 168 lots (45′ x 115′), 158 lots (50′ x 115′) and 21 lots (60′ x 115).

Water and sewer are at the property and provided by the City of Dundee. These lots will be fully permitted, approved and shovel ready for development in about 6 months. A buyer can do their due diligence during that time and close sometime after the lots are ready to develop.

The 345 lots can be divided. A buyer can purchase a minimum of 115 lots.

The asking price is $30,000 per lot, so $3,450,000 for 115 lots, $10,350,000 for all 345 lots or something in between.

In addition to the 4,500 feet of shoreline, Dundee Lakes Residential Development conceptual plans feature an area next to the lake that has been set aside for activities such as a soccer field, bocce ball, tennis, and sand volleyball. There are also planned areas for a clubhouse, pool, and playground. The 57-acre Lake Trask is well-known by locals as a great fishing lake.

There is a great demand for residential housing in east Polk County and the Dundee area and its proximity to Orlando. Drive time from Dundee Lakes is only 60 minutes to downtown Orlando and 40 minutes to the area’s world-famous attractions.

The growth in the Dundee area is not linear; it has been explosive. Overall, this growth is seen throughout Polk County with building starts at 10,901 in 2020, 12,562 in 2021 and are projected to be over 14,000 in 2022. There are 1,430,000 residents that live within 30 miles of Dundee Lakes Residential Development. It is estimated there are over 60 residents a day moving into Polk County.

Features
: Public Sewer
: Lake
: Electricity Available, Sewer Available, Water Available, Electrical Nearby
Address Map
US
FL
Polk
Haines City
33844
LAKE MARIE
DRIVE
W82° 23' 59.6''
N28° 1' 24.1''
33844 - Haines City/Grenelefe
RC
From US 27 in Dundee take the Dundee Road east 1.2 miles to Lake Marie Dr. Take a left on Lake Marie Drive and go .8 miles, the property will be on the left.
Additional Information
4,300 x 1,300
: Public, Canal/Lake For Irrigation, Well
https://www.propertypanorama.com/instaview/stellar/O6045507
8000000
2022-07-21
: Farm
Financial
84.99
Listing Information
265501529
285000014
Cash
Expired
2023-09-01T04:17:09Z
Stellar
: None
2023-09-01T04:15:12Z
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DRIVE Haines City

Lake Marie Drive, Haines City, Florida 33844

139 Acre
$10,350,000
Listing ID #O6045507
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : O6045507
Price : $10,350,000
Lot Area : 139 Acre
Status : Expired
Office Name : SVN SAUNDERS RALSTON DANTZLER
Agent Name : David Hitchcock
Waterfront Yn : 1
Listing Status : Expired
Contact Agent
Property
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Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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