Active

$490,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRG5101053
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Prime Development Opportunity Just Steps from Montverde Academy! This rare 1.53+/-acre parcel in the heart of Montverde, Florida, presents an incredible opportunity for developers, investors, or visionaries looking to be part of one of the most desirable communities in South Lake County. Just two blocks from the world-renowned Montverde Academy, the property offers unmatched potential in a location where demand for both housing and commercial space continues to grow. The true strength of this property lies in its versatility. With its 1.53+/- acres of primetime land, the site could be developed into custom residences to serve Montverde Academy’s faculty, staff, students, and their families, or it could be transformed into an alternative concept such as luxury row homes, faculty housing, or a distinctive commercial use that benefits from its central location and strong community ties. The sellers had a vision in mind, but since it has not yet been formally presented, future developers have the freedom to adapt the property to suit market needs or personal aspirations. Set within a scenic environment of mature trees, landscaped buffers, and lake views, the parcel offers not only natural beauty but also convenience, being within walking distance of Montverde Academy and minutes from surrounding towns and major roadways. Whether your goal is to create a neighborhood that complements Montverde Academy’s prestige or to establish a commercial venture in one of the most convenient and charming small towns in South Lake County, this property provides a unique canvas. With its size, setting, and location, it stands as a rare chance to make a lasting contribution to Montverde’s growth and character while securing a prime investment for the future.
Financial Considerations
Price:
$490,000
HOA Fee:
N/A
Tax Amount:
$2151.19
Price per SqFt:
$7.35
Tax Legal Description:
MONTVERDE DIVISION F BEGIN AT SOUTHWEST CORNER OF LOT 6 FRANKLIN POND PB 29 PGS 47 48 RUN SOUTH 00-00-00 EAST ALONG WEST LINE OF LOT 3 BLK 1 DIVISION F AND WEST LINE OF LOT 4 BLK 1 A DISTANCE OF 401 FEET SOUTH 90-00-00 EAST 144.99 FEET NORTH 00-00-01 WEST 175.16 FEET NORTH 89-18-17 EAST 37.21 FEET NORTH 00-00-01 WEST 227 FEET TO SOUTH LINE OF LOT 7 FRANKLIN POND SOUTH 89-18-17 WEST 182.21 FEET TO THE POINT OF BEGINNING UNRECORDED PLAT SEE DEED FOR FULL PROPERTY DESCRIPTION ORB 5447 PG 1886
Exterior Features
Lot Size:
66647
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    8TH ST
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