Listed by NAI Realvest - Orlando
$2,995,000
37500 St. Louis Avenue
Details
Property Type Land
Sub Type Residential
Units 342
Acreage 92.000
Zoning R-6
Residential Lakefront Land - 92 AC
Marketing description
Residential Lakefront Land located at 37500 St. Louis Avenue, Umatilla, FL 32784. This 92-acre parcel is situated in Lake County and is surrounded by Lake Bracy and Lake Smith, allowing for lakefront lots. The upland area was formerly an orange grove and drains well, with approximately 57 acres of upland area zoned R-6, allowing up to six dwelling units per acre.
Investment highlights
- Located in dynamic Lake County (unincorporated)
- 92.0± acres total - includes lakes; approximately 57± acres upland
- Zoned R-6; allows for up to six dwelling units per acre (342 units maximum - based on upland portion)
- "Upland" area drains well - former orange grove
- Surrounded by Lake Bracy and Lake Smith – allows for lakefront lots
- Extensive new growth and transportation development in the immediate area
Listing Contacts
Listed by NAI Realvest - Orlando
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
