$1,500,000

0 Central Ridge Ln Frostproof, FL 33843

Estimated payment $8,345/month

Total Views 3,193
1.2 Acres
$1,250,000 Price per Acre
52,272 Sq Ft Lot

About This Lot

Presenting an extraordinary opportunity to acquire a 1.20-acre lot at Central Ridge Lane, Frostproof, FL 33843, with approved permits for the development of Plaza Frostproof, a modern and innovative commercial project. This offering includes ready-to-execute plans for a two-story commercial building, making it the perfect investment for developers seeking a turnkey project in a rapidly expanding market.

Project Details

• Development Type: Fully approved commercial project.
• Building Design:
• Two-story building with a total of 16 units.
• Ground Floor: 8 retail units, each ranging from 944 to 948 square feet, designed with private bathrooms and ample circulation areas, ideal for diverse retail or service businesses.
• Second Floor: 8 spacious office units, each between 959 and 976 square feet, tailored for professional needs with modern layouts and functionality.
• Amenities:
• 72 parking spaces, including handicap-accessible spots for maximum convenience.
• 3 designated loading and unloading areas to streamline operations.
• Generous pedestrian and vehicular circulation areas for accessibility and flow.
• A centralized dumpster zone for efficient waste management.

Why Frostproof?

This project is located in the heart of Frostproof, FL, a city renowned for its forward-thinking development and growing demand for commercial spaces.
• Rapid Growth: Frostproof is experiencing significant expansion, making it a prime location for new businesses and investments.
• Strategic Location: Close to major roadways, ensuring accessibility for customers and businesses.
• Community Appeal: A welcoming and vibrant environment for both professional and retail spaces.

Investment Highlights

• Shovel-Ready: Save time and resources with a lot that’s fully approved for development.
• Modern Design: A sleek, contemporary building plan that appeals to today’s businesses and clients.
• High Growth Potential: Positioned to meet the demand for quality commercial and office spaces in Frostproof.
• Turnkey Opportunity: Break ground immediately and bring Plaza Frostproof to life.

This is your chance to own and develop a fully approved commercial lot in one of Central Florida’s most promising markets. Don’t miss the opportunity to shape the future of Frostproof with this dynamic project. Contact us today for additional details and to secure this exceptional investment!

Listing Agent

Claudia Obregon

VITTORINO REAL ESTATE GROUP Brokerage Phone: 407-476-0461 License #3408588 Listed on: 12/04/2024

VITTORINO REAL ESTATE GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,066

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 238x193
  • South Facing Home
  • Corner Lot

Schools

  • Frostproof Elementary School
  • Frostproof Middle Se
  • Frostproof Middle - Senior High School

Community Details

  • Central Ridge Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-31-28-965101-000230

Property Details

Property Type

Land

Est. Annual Taxes

$2,066

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.2
  • Lot Size Sq Ft: 52198
  • Directions to Property: Head north on FL-17 N toward E 3rd St Turn right onto Hwy 630 E/W H St/Lake St Turn left onto Central Rdg Ln
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 517273774
  • RATIO Current Price By Calculate: 28.74
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Attribution Contact: 407-476-0461
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Access Road
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0745G
  • Price Per Acre: 1250000

Utilities

  • Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Frostproof Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Frostproof Middle Se

Lot Info

  • Parcel Number: 28-31-28-965101-000230
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Buildable, Corner Lot
  • Lot Dimensions: 238x193
  • Flood Zone Code: X
  • Lot Size Square Meters: 4849
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 2066
  • Tax Book Number: 149-13-14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,047 $109,622 $109,622 --
2024 $2,066 $109,622 $109,622 --
2023 $2,066 $109,622 $109,622 $0
2022 $743 $39,151 $39,151 $0
2021 $765 $39,151 $39,151 $0
2020 $769 $39,151 $39,151 $0
2018 $822 $39,151 $39,151 $0
2017 $826 $39,151 $0 $0
2016 $792 $36,541 $0 $0
2015 $816 $36,541 $0 $0
2014 $789 $36,541 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $1,500,000 0.0% --
06/26/2025 06/26/25 Off Market $1,500,000 -- --
12/04/2024 12/04/24 For Sale $1,500,000 +1053.8% --
05/27/2022 05/27/22 Sold $130,000 0.0% --
05/23/2022 05/23/22 For Sale $130,000 0.0% --
05/20/2022 05/20/22 Pending -- -- --
05/17/2022 05/17/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $130,000 0.0% --
05/02/2022 05/02/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $130,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Listed On Document
Warranty Deed $140,000 Real Estate Title Svcs Inc
Warranty Deed $170,000 Attorneys Title Svcs Courier
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 Construction
Source: Public Records

Source: Stellar MLS

MLS Number: O6260568

Stellar MLS

APN: 28-31-28-965101-000230