15743 Old US Highway 441
Tavares, FL 32778
Waterside at Lake Saunders Development Site · Land For Sale
·
9.73 AC
Investment Highlights
- Attractive Development Characteristics
- Located in Rapidly Expanding Northwest Orlando Submarket
- Natural Amenities
- Explosive Incoming Developments
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 9.73 AC |
| Zoning | MP | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 9.73 AC |
| Zoning | MP |
Description
Capstone Land Sales is pleased to present Waterside at Lake Saunders Development Site: a ±9.73-acre multi-family development site located on Lake Saunders in Tavares, FL. This lakefront site is zoned to allow for up to 240 Class A apartment units. The current owner has completed a large portion of the due diligence work, allowing new ownership to be able break ground after final site plan approval. The site includes a boat launch and a boat dock, allowing direct lake access for future residents. The location of the site will benefit future ownership by being the only apartment complex located on Lake Saunders, providing a built-in marketing advantage over nearby rental competitors. The site is located near the Wekiva Parkway expansion, which once completed will allow Lake County residents unparalleled access into the rest of the Orlando MSA, and the abundance of economic drivers in nearby submarkets. Waterside at Lake Saunders demonstrates a unique opportunity for a fast-tracked development site in a Central Florida submarket that is primed for tremendous growth.
Property Taxes
| Parcel Number | 27-19-26-0500-000-00102 | Improvements Assessment | $0 |
| Land Assessment | $419,694 | Total Assessment | $419,694 |
Property Taxes
