xml:space="preserve">
At 25 acres, this parcel next to Lakeview Elementary is the largest and most expensive piece of the sale. Osceola County Schools set a minimum bid price of $1.4 million for the land.
At 25 acres, this parcel next to Lakeview Elementary is the largest and most expensive piece of the sale. Osceola County Schools set a minimum bid price of $1.4 million for the land. (Osceola County Property Appraiser)

The Osceola County School District has set a minimum price of nearly $3 million for 45 acres of surplus land across three sites it's selling in the fast-growing St. Cloud submarket.

Two of the sites were donated to the district by developers in exchange for school impact fee credits, but the county's school board has elected not to build schools at those locations.

Advertisement

Bidders are not required to bid on all three sites, but they must include $25,000 in earnest money per site.

At 25 acres, the "Lakeview" site is the largest of the three parcels and has a minimum bid price of $1.4 million. It's next to Lakeview Elementary and just a block from East Lake Tohopekaliga. The parcel is surrounded on two sides by Sugar Mill, a 55-plus mobile home community.

The "Covington Estates" property comprises a total of 19 acres on both sides of Pine Tree Drive, next to the Canoe Creek Christian Church of St. Cloud. It also abuts the final phase of Covington Estates, which was sold recently to M/I Homes and rebranded as Reserve at Pine Tree.

MI Homes to build 105-lot subdivision in St. Cloud's Canoe Creek corridor

An update on new home construction in St. Cloud's Canoe Creek corridor.

The district set a minimum bid price of $1.3 million for that parcel.

The third parcel, with a minimum price of $146,000, is the old "Cannery" site on Virginia Avenue between 9th and 10th streets. It's just under 1 acre, and once housed a historic school house and  depression-era cannery that students converted into a museum in the 1990s.

The land is now mostly vacant, except for an 1,808-square-foot concrete block building that was built in 1955.

The invitation to bid is posted on VendorLink. Bids are due April 24, and the district has scheduled a non-mandatory pre-bid conference on April 3.

The anticipated award date is May 15. Successful bidders must pay all closing costs and recording costs.

Have a tip about Central Florida development? Contact me at lkinsler@GrowthSpotter.com or (407) 420-6261, or tweet me at @LKinslerOGrowth. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

Advertisement
Advertisement
Advertisement