Prime Development Opportunity: Lake Harris & Highway 19

Highway 19 Tavares, FL 32778

Highway 19, Tavares, FL, 32778
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FOR SALE
Property Type:
Multifamily Land
Amount:
$5,000,000
Last Verified:
Feb 16, 2024

Highlights

  • 77 Sprawling Acres of prime real estate, offering ample space for a variety of development projects.
  • 3000 Feet of Lake-frontage on Lake Harris making it an ideal setting for residential communities, resorts, or recreational facilities.
  • 3200 Feet of highway frontage on SR-19. Convenient access from a major highway ensures easy connectivity, maximizing visibility, and attracting a steady flow of traffic.
  • A canal cuts through the property which reaches from the uplands to the beautiful Lake Harris.
  • With a blend of natural beauty and strategic location, this land holds immense investment potential for developers with a vision for success.
  • Several ongoing developments neighbor the property. The closest is Richmond American Homes' Lakeside Forrest, a 136* Single-family home development which is less than half a mile away from the property.
  • Royal Harbor, a 55+ community with over 750 single-family homes, is adjacent to the property.
  • New commercial anchors such as Publix, less than 1.5 miles away, have recently been developed.
  • Hickory Point Recreation Park is less than a mile away, with boat ramps & parking, volleyball courts, & a beautiful nature trail along Lake Harris.
  • Condominium yields, Townhome yields, & SFH Lot yields available upon request, as well as preliminary civil engineering plans for each.
  • Boundary Survey, Phase I Environmental, Wetlands Delineation, & Traffic Study all available upon request. PUD ready to be filed.

Description

Prime Lakefront and Highway Frontage Development Opportunity!

Unlock the potential of this expansive piece of land strategically positioned with both lakefront and highway frontage. This rare offering provides a unique canvas for developers seeking a lucrative investment.

Seize the opportunity to transform this blank canvas into a thriving development that seamlessly integrates with the surrounding natural beauty while capitalizing on the accessibility provided by highway frontage. Act now to shape the future of this prime lakefront property!

Full lake & highway frontage off of SR-19 with 77 sprawling acres of prime real estate, offering ample space for a variety of development projects. Several ongoing developments neighbor the property. The closest is Richmond American Homes' Lakeside Forrest, a 136 ± single-family home development which is less than half a mile away from the property.

Lot Size: 77.0 acres


Documents

Flyer

Map of Highway 19, Tavares, FL, 32778

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.