2303 E Orange Ave Eustis, FL 32726

This exceptional 13.82-acre lakefront property in Eustis, Florida, presents a unique mixed-use development opportunity. Located on Lake Willie at 2303 E Orange Ave, the parcel (12-19-26-0001-000-10000) boasts over 900 feet of desirable waterfront. A concept plan, approved by the City of Eustis, allows for a substantial development, currently designed for 132 residential units and 10,500 square feet of commercial space, reflecting a 12:1 density. The property benefits from convenient access to city water, sewer, electric, and natural gas services on two sides. A comprehensive data room is available, containing entitlements, renderings, site plans, third-party reports, financial projections, engineering studies, and construction budgets. This prime development site offers significant potential, further enhanced by the possibility of tax incentives and C-PACE equity financing. The asking price is $3,500,000, while a recent Broker Price Opinion and appraisal valued the property at $7,734,985. This presents a compelling investment opportunity for developers seeking a high-value, mixed-use project in a desirable Florida location.