340 Pine Meadow Dr DeBary, FL 32713

This exceptional 5.59-acre parcel in DeBary, Florida, is platted and approved for the construction of 20 luxury townhomes. Located in the highly desirable Glen Abbey community, this infill site offers a rare opportunity to develop in a coveted area. The property features a wooded cul-de-sac setting with convenient access from North Pine Meadow Drive, directly adjacent to the entrance of Glen Abbey. Utilities are readily available at the street. The approved site plan includes five buildings, each designed to accommodate four townhomes. This prime location boasts excellent demographics, with highly-rated DeBary Elementary and University High Schools nearby. Residents will enjoy proximity to Gemini Springs park and bike trail, as well as easy access to I-4 (less than three miles away), providing convenient commutes to Orlando. The property's strategic placement near the "Shoppes at Pine Meadow," anchored by a Walmart Neighborhood Market, ensures a vibrant and convenient lifestyle for future residents. The surrounding area is characterized by dense residential communities and retail stores, creating a strong market for this type of development. Detailed surveys and plans are available upon request. This is a fee-simple ownership opportunity, priced at $1,995,000.