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417 Rain Lily Cove - Rain Lily
2.17 Acres of Commercial Land in Casselberry, FL 32707
Investment Highlights
- Central Location near major retailers
- Lake front with boat access
- Immediate cash flow from current tenants
- Favorable zoning for townhomes/senior living community
- Intersection Easement
- Opportunity to utilize new Live Local Act
Executive Summary
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.17 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.17 AC |
1 Lot Available
Lot 1
| Lot Size | 2.17 AC |
| Lot Size | 2.17 AC |
1-2.17 acres of lake front medium density residential land.
Description
Re-development / Value-add opportunity located between Lake Kathryn and Seminole Blvd. in Casselberry, FL. This 2.17 acre property currently consists of two structures, a 5-unit multi-family building in the back and a duplex in the front. Units will be able to provide immediate cash flow for the buyer while they wait for plans to be approved and/or while developing the front roadside acre. Current zoning is Planned Residential District (PRD) with a future land use of Medium Density Residential (MDR), this designation has a maximum allowable density of up to 13 units per acre, which would allow for up to 28 units. Great for townhomes or senior assisted living. Located just off 17-92 behind Publix and Home Depot, this property is centrally located near major retailers and restaurants. Along with easy access to I-4 and the SunRail to get around. Owner will listen to all offers and to selling just the front acre on Seminola Blvd. Very few properties like this left in the area. Call to set up a tour today. *Please do not walk the property without contacting listing agent first. The seller does not want to disturb any current tenants.*
zoning
| Zoning Code | Planned Residential Dist (FLU = Medium Density Residential. Allows for up to 13 units/acre.) |
| Planned Residential Dist (FLU = Medium Density Residential. Allows for up to 13 units/acre.) |
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417 Rain Lily Cove - Rain Lily
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