Pine Tree Trail
Davenport, FL 33837

RockMel Investments is pleased to present a developer with a rare opportunity to acquire 28+/- acres zoned for a Mixed-Use development in the 2nd fastest growing zip code 33837 known as Davenport, FL. Subject property benefits from visibility from Pine Tree Trail traffic signalized intersection with over 1,300’ of frontage on Ernie Caldwell Blvd. Davenport is experiencing great demand for land opportunities as land is becoming scarce due to rapid growth in this corridor. Mixed-use development will benefit from this fast-paced corridor with over 3000+ rooftops within a 1.5 Mile Radius from the subject property. Subject property fronts Ridgewood Lakes DRI approved for 1,565 lots and adjacent to Astonia developing 1,000+ single family homes developed by Lennar, Ryan Homes, Highland Homes, D. R. Horton ranging from $315,000 to $450,000+. In fiscal year 2018-19, just under 6,000 such permits were approved in Polk County. County staff members are projecting that in fiscal year 2022-23, almost 17,000 are projected to be approved. On June 1, Polk County Property Appraiser Marsha M. Faux told the Polk County Commission members that over $2 billion in new single-family homes were constructed in Polk last year, a 25 to 30 percent increase over the year prior. Davenport is currently growing at a rate of 6% annually and its population has increased by 20.44% since the most recent census. Spanning over 4 miles, Davenport has a population density of 2,190 people per square mile. Davenport – 213.1% Growth The second fastest growing city in Florida is Polk County’s rural-suburban area of Davenport. Between 2010 and 2020, Davenport’s population grew from 2,888 to 9,043, representing a total population growth rate of 213.1%. Davenport submarket rents projected to grow by 33% over the next 5 years (6.6% per year), and occupancy to remain elevated at 95.5% Conveniently located in central Florida, Davenport is expanding thanks to its low cost of living. This affordable way of life is attracting more commuters from the Orlando area, which is located about 34 miles to the north.