0 Summerall Ave Tavares, FL 32778
This exceptional 15+/- acre property, located in the city of Tavares, Florida, presents a unique development opportunity. Zoned PD (Planned Development), this expansive parcel offers significant potential for a variety of residential projects. Situated on Summerall Avenue, the land boasts convenient road access with all road easements having been vacated. The property's strategic location provides excellent visibility and accessibility, with significant frontage on both SR 19 (1,605+/- linear feet) and Summerall Avenue (700+/- linear feet). The asking price is $2,400,000, representing a fee simple ownership. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a large, well-located parcel in a growing Florida community. All information is believed accurate but is not guaranteed and is subject to change without notice. The property is located in Lake County, Florida, with a zip code of 32778. The coordinates are approximately 28.79541919 latitude and -81.74214867 longitude.
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
Similar Nearby for Lease
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.