Property summary
This exceptional 9-acre commercial land parcel in Clermont, Florida, presents a prime multifamily development opportunity. Located in the Olympus Village, within the Wellness Way development corridor, this property boasts pre-approved entitlements for 283 multifamily units and up to 20,000 square feet of commercial space. The Planned Unit Development (PUD) and entitlements are already in place, eliminating the need for further approvals from the City of Clermont, allowing for a fast-tracked construction timeline. This site benefits from the strong demand for rental housing in Lake County, fueled by growth in neighboring areas like Horizon West and Hamlin. The current shortage of apartment communities and rising rents create a highly favorable market. The property's proximity to the new 515 Expressway (less than 3 miles) provides excellent connectivity to major roadways like Highway 27 and SR 429. This is one of the few Clermont sites with existing multifamily approvals, situated amidst significant single-family home development. The inclusion of up to 20,000 square feet of commercial entitlements offers the potential for a mixed-use development, further enhancing its value and appeal. This is a truly unique opportunity to capitalize on the thriving Clermont market. The property is zoned C.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight