Property profile

0 Summer Bay Blvd Clermont, FL 34714

OFF-MARKET
Land
103.28 ac lot
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Property summary

AI-generated overview

This exceptional 103.28-acre land parcel in Clermont, Florida, presents a remarkable development opportunity. Located in the highly desirable Summer Bay area of Lake County, this property comprises four parcels (APN details available upon request) zoned PUD (Planned Unit Development), offering significant flexibility for various projects. Approximately 42.82 acres are buildable, situated amidst scenic lakes and boasting prime access to major roadways. The site benefits from existing utilities and municipal services, with the most efficient access likely via an extension of Summer Bay Boulevard. High traffic counts are reported on nearby West Irlo-Bronson Memorial Highway (48,500 vehicles daily), underscoring the area's strong accessibility. The surrounding area features a concentration of vacation-oriented developments, including resorts, hotels, golf communities, and timeshares, making this location ideal for a gated residential community of townhomes and single-family homes, particularly suited for short-term rentals. Its proximity to major theme parks (approximately 10 miles to Disney World, Universal Studios, and SeaWorld) and Downtown Orlando further enhances its investment potential. The asking price for this prime development land is $13,100,000. The property is located in a flood zone designated AE.

Property profile

Verified
Property type Land
Lot 103.28 ac (4,498,877 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Summer Bay Blvd Clermont, FL 34714
Clermont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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