Property summary
Exceptional multifamily/commercial investment opportunity in Tavares, Florida. This 1.75-acre parcel (1.2 acres uplands), zoned RMF-2, allows for up to 12 units per acre. Ideally situated on Crown Lake, the property boasts prime visibility from US Highway 441, directly adjacent to the Kohl's shopping plaza. The location offers a blend of thriving retail, commercial, and medical businesses, with the acclaimed AdventHealth Waterman Hospital nearby. Convenient access to the Lake County Courthouse and other government offices further enhances its appeal. Water and sewer are readily available. The property's dimensions are approximately 150 feet by 540 feet. This fee-simple ownership presents a rare chance to develop a high-demand multifamily project in a bustling area. All information is believed accurate but not guaranteed and is subject to verification. APN: 3777626. Asking price: $590,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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