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    Casselberry, FL Waterfront Land for Sale

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    Lehigh Acres, FL Cape Coral, FL Port Charlotte, FL
    Lakefront Redevelopment Opportunity
    $1,450,000
    2.17 Acres

    Lakefront Redevelopment Opportunity

    417 RAIN LILY COVE, Casselberry, FL 32707

    Prime lakefront land with redevelopment potential near Winter Park.

    • Rare lakefront redevelopment site on Lake Kathryn, a 74‑acre spring‑fed ski lake.
    • Potential for ±50 townhomes or assisted living units (subject to approvals).
    • Zoned Planned Residential District (PRD) with Medium Density Residential (MDR) future land use designation.
    • Potential to annex an additional ±4.6 acres.
    • Currently operating as an income‑producing asset with 7 rental units and flexible leases.
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Casselberry, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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    Lakefront Acreage for Custom Estate
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    Casselberry, FL Waterfront Land Investment Opportunities Market Analysis

    Explore 1 waterfront land for sale in Casselberry, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,450,000.

    Sale prices for water rights properties in Casselberry, FL start at $1,450,000, averaging $1,450,000, and reaching up to $1,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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