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    Silverwood Ln Howey-in-the-Hills, FL 34737

    Sponsored
    For Sale
    $8,900,000

    165 Acres, Multifamily Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 165-acre property in Howey-in-the-Hills, Florida, presents a significant development opportunity. Located off Silverwood Lane in Lake County, this assemblage comprises two parcels (APN 3792712 & 3861057) zoned AG. The land boasts a prime location, approximately 36 miles from Orlando, offering convenient access to Florida's Turnpike and The Villages, a thriving master-planned community with over 150,000 residents. Surrounded by natural beauty, including shimmering lakes, rolling hills, and orange groves, the site is adjacent to the approved "Mission Rise" development, planned for 415 homes, further enhancing its potential. Nearby amenities include world-class golfing and fishing on the Harris Chain of Lakes and the prestigious Montverde Academy. This substantial acreage is ideal for multifamily development, representing a compelling addition to any investment portfolio. All information is believed accurate but is not guaranteed and is subject to change without notice. The asking price is $8,900,000.

    Property Features for 0 Silverwood Ln

    General Information

    Property type
    Multifamily properties
    Lot Size
    7,187,400 SF

    HighLights

    • $8,900,000 asking price for 165+/- acres of multifamily development land.
    • Located in Howey‑in‑the‑Hills, Lake County, Florida (APN: 3792712 & 3861057).
    • Zoned AG.
    • Approximately 36 miles from Orlando.
    • Minutes from Florida's Turnpike and The Villages.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Howey-in-the-Hills
    County
    Lake
    State
    Florida
    Longitude
    -81.7944613
    Latitude
    28.703809

    Nearby Comparable

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    FAQs

    What type of property is this?
    Multifamily property - 165 Acres, Multifamily Potential
    Where is this multifamily property located?
    The property is located at Silverwood Ln Howey-in-the-Hills, FL.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: $8,900,000 asking price for 165+/- acres of multifamily development land.; Located in Howey-in-the-Hills, Lake County, Florida (APN: 3792712 & 3861057).; Zoned AG.
    (352) 396-9136
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    Silverwood Ln Howey-in-the-Hills, FL 34737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Silverwood Ln Howey-in-the-Hills, FL 34737
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