Prime development opportunity on one of Lake Mary’s most prestigious roads—this 5-acre parcel with direct Markham Woods Road frontage offers the potential to create up to five luxury estate homes. Zoned A-1 with future land use designation of Planned Development (PD), the property is ideally positioned for a high-end residential community, surrounded by multimillion-dollar estates and across from Heathrow Elementary. With limited remaining land in this sought-after corridor, this is a rare chance for investors to deliver a boutique enclave in one of Central Florida’s most desirable markets, just minutes from I-4, top-rated schools, and major employers.
Financial Considerations
Price:
$2,100,000
HOA Fee:
N/A
Tax Amount:
$9001.66
Price per SqFt:
$8.49
Tax Legal Description:
SEC 02 TWP 20S RGE 29E S 1/2 OF S 3/4 OF NE 1/4 OF NW 1/4 (LESS E 915 FT) & N 25 FT OF E 915 FT OF S 1/2 OF S 3/4 OF NE 1/4 OF NW 1/4 (LESS RD)