Davenport Double Parcel Opportunity | Ronald Reagan Pkwy Frontage Near ChampionsGate

519 & 515 Ronald Reagan Pkwy, Davenport, FL 33896

This off-market Davenport package includes two adjacent properties positioned directly on Ronald Reagan Pkwy in one of Central Florida’s fastest-growing corridors near ChampionsGate, Publix, I-4 access, Hwy 17, and major surrounding residential expansion. The offering includes both a 3 bed / 2 bath manufactured home and a separate 1 bed / 1 bath single-family home, creating multiple possible exit strategies depending on buyer goals, zoning verification, and redevelopment plans.

The package can potentially function as a redevelopment play, covered land position, rental hold, or future commercial-use opportunity depending on county approvals and buyer strategy.

The first parcel at 519 Ronald Reagan Pkwy features a 3 bed / 2 bath manufactured home built in 1984 with approximately 1,008 sq. ft. of living area situated on a large lot with roughly 76 feet of frontage along Ronald Reagan Pkwy. The property is currently occupied by family members expected to vacate prior to closing. The home also includes an enclosed rear room currently being used as a possible 4th bedroom. The metal roof appears serviceable. Cooling is currently handled by window AC units, while an all-in-one central HVAC unit exists onsite but was reportedly disconnected and not operational at time of walkthrough.

The adjacent parcel at 515 Ronald Reagan Pkwy contains a 1 bed / 1 bath wood-frame home built in 1956 with approximately 572 sq. ft. of living area on a separate parcel with roughly 60 feet of frontage. The structure has significant termite damage and will likely require either a full renovation or redevelopment approach. Based on size and condition, many buyers may view the primary value as being tied to the parcel itself rather than the existing structure.

Seller has indicated that if the existing structures are demolished or removed, future construction may require commercial use depending on county zoning interpretation. Buyers should independently verify zoning, future land use, redevelopment potential, utilities, setbacks, impact fees, permitted uses, and all planning requirements directly with Polk County.

This is not a simple cosmetic flip. The value here appears centered around frontage, visibility, traffic counts, strategic land positioning, and long-term growth surrounding the Ronald Reagan Pkwy corridor. With substantial nearby residential development already underway and continued expansion throughout the ChampionsGate market, this presents a unique opportunity for investors seeking optionality and future upside.

Seller is motivated — let’s make a deal.

Investment Highlights

• Two adjacent parcels included
• Direct Ronald Reagan Pkwy frontage
• Located near ChampionsGate, Publix, I-4, and Hwy 17
• Strong surrounding residential growth corridor
• 3/2 manufactured home plus separate 1/1 single-family structure
• Potential redevelopment or commercial-use upside
• Opportunity for land banking or covered land position
• Significant frontage and visibility exposure
• Multiple possible exit strategies depending on zoning verification
• Strong long-term growth market in Davenport

Property Breakdown

519 Ronald Reagan Pkwy

515 Ronald Reagan Pkwy

Why This Opportunity Is Interesting

• High-visibility corridor location
• Redevelopment potential depending on zoning confirmation
• Possible future commercial positioning
• Strong traffic exposure
• Rapid nearby residential expansion
• Flexible investor approaches ranging from hold to redevelopment
• Existing structures may help preserve utility access or development flexibility depending on county requirements

Possible Exit Strategies

• Commercial redevelopment
• Long-term land hold
• Rental hold while planning redevelopment
• Redevelop one parcel while holding the other
• Renovate existing structures for income production
• Future resale to developer or commercial user

Important Notes

• Buyer to independently verify zoning and future land use
• Buyer to verify permitted uses and redevelopment requirements
• Buyer to confirm utility availability and impact fees
• Seller has indicated possible commercial-use requirements if structures are removed
• Assignable equitable interest sale

Contact

📞 Call/Text: 321-436-4911
📧 fosteralgier@gmail.com
🌐 FACSold.com