Ronald Reagan Pkwy, Davenport, FL 33896

This off-market Davenport package includes two adjacent parcels positioned directly on Ronald Reagan Pkwy within the rapidly expanding ChampionsGate corridor of Polk County. Located near Publix, I-4 access, Hwy 17, and major surrounding residential development, the offering combines existing residential use, strong frontage exposure, and long-term redevelopment optionality within one of Central Florida’s fastest-growing corridors.

The package includes two separately parceled properties being offered together: a 3 bed / 2 bath manufactured home built in 1984 and a separate 1 bed / 1 bath wood-frame home built in 1956. The properties are adjacent but maintain separate parcel IDs and addresses.

The primary value here appears tied to frontage, visibility, future land positioning, and flexibility created by the existing residential use within a commercially designated future land use corridor.

Per Polk County Planning staff, the parcels are located within the Office Center-X (OCX) Future Land Use district inside the Ronald Reagan Parkway Selected Area Plan (SAP). Existing residential structures are considered legal non-conforming uses under the current commercial future land use designation.

Per county staff, if the existing primary structures are demolished, replacement residential structures generally must be completed within 24 months to preserve residential use rights. Otherwise, future development may be limited to commercial uses. Buyer should independently verify all zoning, future land use, permitted uses, redevelopment requirements, setbacks, utilities, and development timelines directly with Polk County.

This is not a simple cosmetic flip opportunity. The appeal here centers around strategic frontage exposure, long-term corridor growth, redevelopment flexibility, and optionality for investors seeking either income-producing land hold strategies or future commercial positioning.

Seller is marketing an assignable equitable interest.

Combined Package Overview

Parcel 1

The manufactured home includes an enclosed rear room currently being used as a possible 4th bedroom. The metal roof appears serviceable. Cooling is currently handled through window AC units, while an existing central unit was reportedly disconnected and not operational during walkthrough.

Parcel 2

The smaller home has significant termite damage and will likely require either a major renovation or redevelopment approach depending on buyer strategy.

Why This Opportunity Is Interesting

• Direct Ronald Reagan Pkwy frontage
• Located near ChampionsGate growth corridor
• Two separately parceled adjacent properties
• Existing residential use within commercial future land use designation
• Long-term redevelopment optionality
• Strong visibility and traffic exposure
• Potential hold, redevelopment, or repositioning strategies
• Rapid surrounding residential and commercial expansion
• Strategic location near I-4 and major growth corridors

Potential Exit Strategies

• Long-term land hold
• Redevelopment strategy
• Commercial repositioning
• Rental hold with future redevelopment upside
• Rebuild residential structures within permitted replacement timelines
• Future resale to developer or commercial user

Important Notes

• Buyer to independently verify all zoning and future land use information
• Buyer to verify redevelopment requirements and timelines
• Buyer to verify utilities, setbacks, impact fees, and permitted uses
• Existing residential structures are legal non-conforming uses
• Assignable equitable interest sale

Contact

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