0 Balmy Beach Dr Apopka, FL 32703

This exceptional 5.75-acre commercial land parcel in Apopka, Florida, presents a remarkable investment opportunity. Located on Balmy Beach Drive, the property boasts approximately 1,240 feet of frontage on Border Lake and enjoys convenient access to Semoran Boulevard (SR 436), exhibiting a high average annual daily traffic count of 58,500 vehicles (2023 FDOT data). Currently zoned PD (Planned Development), this site offers significant flexibility. Existing entitlements include a 50-unit Independent Living Facility (ILF), a 160-bed Assisted Living Facility (ALF), and a 30-bed Memory Care facility. However, the PD zoning allows for potential amendment to accommodate alternative development plans, such as a 38-unit townhome community or a 160-unit 55+ apartment complex. Utilities, including electricity, water, and sewer, are readily available on-site. Situated in unincorporated Apopka within Seminole County, the land is primarily high and dry. The asking price for this prime development opportunity is $1,495,000. The property's APN is 07-21-29-524-0000-0040 / 07-21-29-524-0E00-0000. This location offers proximity to numerous amenities, including grocery stores, restaurants, banks, and shopping centers.