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Olympus Vlg Clermont, FL 34714

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For Sale
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Land with entitlements for 283 multifamily units in Clermont, Florida.

Property size:
9 SF
Lot size:
9.00 Acres

Property Features for Olympus Vlg

General Information

Size
9 SF
Lot size
9.00 Acres

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Listing Contact
Dan Wilson
Source: Corfac

Listing Agent: Dan Wilson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Clermont Multifamily Development Opportunity

This 9-acre commercial land parcel in Clermont, Florida, presents a multifamily development opportunity. It has PUD and entitlements already approved for up to 283 multifamily units, eliminating the need for enhanced approvals from the City of Clermont and allowing for fast-tracked construction. The location benefits from strong rental housing demand in Lake County, driven by growth in Western Orange County. A shortage of apartment communities and rising rents in Lake County create favorable conditions for development. The site is less than 3 miles from the new 515 Expressway, improving connectivity between attractions, Hwy 27, and SR 429. It is one of the limited Clermont sites with existing multifamily approvals, surrounded by significant single-family home growth. Up to 20,000 square feet of commercial entitlements may be included in the development for a mixed-use concept.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Clermont
County
Lake
State
Florida
Longitude
-81.7641
Latitude
28.4544

FAQs

What type of property is this?
Commercial land - Land with entitlements for 283 multifamily units in Clermont, Florida.
Where is this commercial land located?
The property is located at Olympus Vlg Clermont, FL.
What are key features of this property?
This property features: - PUD and Entitlements for up to 283 multifamily units are already approved.; - Located less than 3 miles from the new 515 Expressway, providing enhanced connectivity.; - Opportunity to fast-track construction and open on your timeline.
More about this property
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