5,105 SqFt
5,105 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,105 sqft
Price per Sqft $293
Subdivision Park Place At Lake Kathryn
MLS Listing ID O6303824
HOA Y/N No
Year Built 1951
Annual Tax Amount $14,111
Lot Size 2.170 Acres
Acres 2.17
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Currently it's an income-producing property with 5 tenants, generating about $95,000 in gross rent. Rare opportunity to acquire 2.17 acres of prime medium-density residential waterfront land on Lake Kathryn, a beautiful 74-acre spring-fed ski-lake in Casselberry, FL. Current zoning is Planned Residential District (PRD) with a future land use designation of Medium Density Residential (MDR), with a potential build-out of up to 28 gated townhomes. Ideal for townhomes, condominiums, boutique apartments, or senior housing developments. Strategically located in the heart of Seminole County with walking distance of Publix, Pharmacy, Emergency clinic,Target, Concord Park, with excellent access to 17-92, I-4, and SunRail, this site offers strong connectivity to retail, employment hubs, and major transportation corridors. Close approximately to Altamonte Mall, Winter Park, Fine dining and Sanford International Airport. Very few infill opportunities of this size and lakefront quality remain in the market. Please do not walk the property without scheduling a tour.
Location
State FL
County Seminole
Community Park Place At Lake Kathryn
Area 32707 - Casselberry
Zoning PRD
Interior
Cooling Wall/Window Unit(s)
Exterior
Waterfront Description Lake Front
View Y/N Yes
Water Access Yes
Water Access Desc Lake
Building
Lot Description Waterfront
Foundation Slab
Lot Size Range 2 to less than 5
Structure Type Block
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Learn More About LPT Realty
Sales Executive | License ID: SL3522272