0 Number 2 Rd, Howey-in-the-Hills, FL 34737
This exceptional 158-acre parcel presents a unique development opportunity in the desirable Howey-in-the-Hills community, Lake County, Florida. Located on Number 2 Rd, 34737, this residential land offers a tranquil setting within a quiet, family-focused village, boasting stunning lake views and rolling hills. The property's strategic location provides convenient access to major roadways, including proximity to the Florida Turnpike and US Hwy 27. Furthermore, its advantageous position near established developments significantly enhances its potential. Nearby developments include the 375-acre Hillside Grove (700 homes & townhomes by Lennar), the 237-acre Hanover Builders project, and the 211-acre Venezia master-planned community (featuring a commercial center, single-family homes, and townhomes). Golf enthusiasts will appreciate the close proximity to the Mission Inn Golf Club and Bishops Gate Golf. This expansive acreage presents a compelling investment opportunity for large-scale residential development in a highly sought-after Florida location. The asking price for this remarkable property is $5,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.