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Florida Farm Land 117 Acres Lake Front land by owner financing in Orlando, Florida For Sale

Price: $845,000
Seller:
Type: Houses, For Sale - Private.

117 Acres Farm land for sale by owner. Located 20 Min. West of Orlando, Florida and off Villa City Road, near TURNPIKE HIGHWAY 27, 19 and
Owner financing 10% Down. 386-290-xxxx Photos taken two years ago. NEAR
THE BIGGEST SUBDIVISION EVER When complete, Villa City would have nearly 5,600 homes with a projected population of 12,275 inside the city of Groveland, which has 9,100 residents now.
The Villa City proposal is to begin with the construction of 1,076 homes plus an 18-hole golf course starting in 18 months. More of than half of the homes will be 55-plus, which means the builders won't have to pay impact fees.
The site includes several large lakes and more than 500 acres of wetlands. There are protected scrub jays and gopher tortoises on the property for which the developer will have to create a plan that suits wildlife regulators. The design for the development includes 850 acres of undeveloped land, including four wildlife corridors ranging in size from 90 acres to 250 acres.
Documents from the East Central Florida Regional Planning Council, where Villa City currently is being reviewed, is to develop in four phases, ending in xxxx with 1,610 single-family homes, 900 multi-family apartments, 3,054 homes for seniors, 204,000 square feet of office space, 245,000 square feet for a shopping center and 60,000 square feet of industrial park.
So far, the owners of the property have submitted a preliminary plan to the planning council and have had a conference with officials there. By the end of this week, a summary of the plan is expected to be posted on the planning council's website, where members of the public will have their first chance to comment.
Fred Milch, the project review coordinator, said visited he the property as part of the review of the plan.
"It's a beautiful site, but it's been farmed for a long time that there is not much environmental left on it," he said.
Milch said he suggested that the developers plan for Villa City to be more self-sufficient ? he'd like to see a grocery store that could be accessed by bike trails and sidewalks.
"Make it more like a town you could see anywhere and walk to things, not get the car," he said.
That's the current planner-thought on how to build cities ? and this one, indeed, would be a city that is 25 percent bigger than Groveland is now. But, is it good for Groveland ? or any city ? to have a series of isolated subdivisions behind gates that each has its own everything?
At the moment, Groveland doesn't care. That town has wanted desperately to grow over a period of years. This is the city that doubled the size of one of its sewer plants for $10 million, figuring that growth would come. It didn't. City residents were left paying for a 40-year loan of $6 million costing $13 million after interest.
Now, Groveland is trying to re-create itself into a "destination city," said Redmond Jones, who arrived in January as city manager.

State: Florida  City: Orlando  Category: Houses
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