417 RAIN LILY CV Casselberry, FL 32707
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Park Place At Lake Kathryn
MLS Listing ID O6363226
HOA Y/N No
Annual Tax Amount $14,111
Lot Size 2.170 Acres
Acres 2.17
Lot Dimensions 255X670
Property Sub-Type Commercial
Source Stellar MLS
Property Description
A rare and exceptional opportunity to acquire over 2 acres of prime lakefront land, with the potential to annex an additional ±4.6 acres from the City—opening the door to a truly expansive and visionary development. Currently operating as an income-producing asset, the property consists of 7 rental units, generating attractive income for the owner. Leases are flexible, allowing for income during the entitlement and planning phases.The property is zoned Planned Residential District (PRD) with a future land use designation of Medium Density Residential (MDR), supporting a variety of residential concepts. Early planning shows potential for developing ±50 TOWNHOMES OR ASSISTED LIVING UNITS (subject to approvals). The site sits right on the corner where Seminola Blvd and Button Road intersect. Situated on Lake Kathryn, a breathtaking 74-acre, spring-fed, ski lake, the site offers a serene and picturesque setting for residential or senior living development. Public water and sewer available at the site. Walking distance of Publix, Target, emergency clinic, and Concord Park. Minutes to SunRail, I-4, and SR-417 for regional access.
Location
State FL
County Seminole
Community Park Place At Lake Kathryn
Area 32707 - Casselberry
Zoning PRD MDR
Exterior
Utilities Available Electricity Available, Water Connected
Waterfront Description Lake Front
View Y/N Yes
Water Access Yes
Water Access Desc Lake
View Water
Building
Lot Description Buildable, Level, Oversized Lot
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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