19 ac for 324 Planned Apts near Disney

Vacant Land for Sale
Catylist Listing ID: 30643683
Property Subtypes: Multi-Family
Gross Land Area: 19 Acres
Sale Price: $5,540,000
Unit Price: $291,578 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

PROPERTY DESCRIPTION - The Serenoa Apartment site is a 19 acre parcel zoned and planned for up to 324 apartment units in a 4-story product in a master planned residential subdivision in Lake County, FL. The site has been laid out with 324 units in a 4-story class-A apartment buildings
surface-parked with the majority of the buildings overlooking ponds and preservation land. The property is only 1 mile from Avalon Road
and less than 3 miles from the 429 main entrance to Disney, once the Flemming Rd connector road is built.

LOCATION DESCRIPTION - The property is located on Sawgrass Bay Blvd in the Serenoa community in Clermont, FL. Sawgrass Bay is currently accessible from US 27, approximately 4.2 miles north of US-192 in Lake County.

PROPERTY SIZE - 19.0 Acres

ZONING - Allows for up to 324 multifamily units

PROPERTY OWNER - VK Avalon Groves LLC

Additional Details

Nearest MSA: Orlando-Kissimmee-Sanford
County: Lake
Tax ID/APN: 262225030010700900

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,385 8,185 19,368
Median Age: 31.03 38.6 36.75
Households: 2,081 3,037 7,175

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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