US Hwy 27 & Poitras Road 2

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Address: US-27, United States

Florida & Gulf Coast + Land/Development

Created date: October 27, 2026

Date last updated: October 27, 2026

Price: $8,000,000Investment Analyzer NEW!

12.86± acre shovel-ready apartment site
Permitted for 259 units and clubhouse with surface parking and an additional 24 garages across 4 buildings
Project has completed planning and permitting, with all permits in place and assumable, although not yet paid for
Ideal opportunity for a quick startup in a strong growth location
780± feet of direct frontage and access on US Hwy 27
Across from Northeast Regional Park and Old Lake Davenport
Great location in the Four Corners, just south of US Hwy 192 with easy access to SR 429, SR 417 and I-4

Property Description

Multifamily Site Approved for 259 Units

Available

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$8,000,000
Lot Size:	12.86 Acres
Opportunity Zone:	No
Property Website	Click Here

Address: US Hwy 27 & Poitras Road 2, Davenport, FL 33897, USA

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Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Cap Rate Calculation

Comparable Cap Rates *

Price Based on Cap Rate

Cap Rate Based on Price

Step 4Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

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