Building Details:
13237 Balm Riverview Rd is located in Riverview, FL.
PROPERTY DESCRIPTION The Reserve at Pradera is a new upscale community located in the Riverview submarket. Opened in February 2015, the development is planned for a total of 358 homes to be completed in multiple phases. The opportunity is for an upscale builder to join the current builder in the community by purchasing the remaining 46 developed 65’ wide estate lots and the 84 proposed lots within phase 2 which are also 65’ X 120’ on average.
LOCATION DESCRIPTION Pradera is located in the southwest quadrant of Balm Riverview Road and Big Bend Road, in Riverview, FL. The entrance to the community is directly across the street from Triple Creek and directly south of Waterleaf, both active master planned communities with multiple national builders in each, further affirming that location as a strong market for new home sales.
PROPERTY SIZE 46 developed home sites with an average lot size of 65’ X 120’. Phase 2 includes an additional 84 lots (65’ X 120’) for a total of 135 lots available.
AMENITY Pradera shows extremely well with a grand entrance, water feature entry way and upscale landscaping. The amenity has been completed and includes a pool, cabana, playground, dog park, basketball court, exercise stairs and jogging path.
HOA & CDD This community benefits from both an HOA and CDD. The 2016 HOA dues are $100/year per lot. The 2016 annual CDD payment per 65’ lot between A-bonds and O & M total $1,563.
PRICE These 130 lots are being offered at a bulk purchase price of $5,970,000. Pricing equates to $75,000 per finished lot and $30,000 per engineered lot in phase 2. Seller reserves the right to continue selling homes on these lots and may withdraw one or more lots at anytime prior to closing.
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- Ed Killmer, agent and Rofo Pro