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DAVID WALKER & US HWY 441, TAVARES, FL, 32778

$4,425,000

8.53 Acres

About This Property

Offering is for 11.54+/- Acres at the signalized intersection of US Hwy 441 & David Walker Rd, in Tavares. Zoned PD & PCD with a potential for 25 Multi-Family units per acre. Property wraps around Crown Lake. Located on one of the busiest retail, commercial, hospitality corridors in the Tavares - Eustis area with over 50,000 FDOT avg trips per day. Just a five minute drive to AdventHealth Waterman Hospital and less than 45 minutes to Orlando or The Villages. Site is an assemblage of two parcels Lake County Alt Key's # 1588651 and a portion of 3808894. Seller has previously engineered site plans available for mixed use development. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.

Status

Active

Listed By

GRIZZARD COMMERCIAL REALESTATE

Days on Market

Mortgage Calculator

Home Price

Loan Term

Down Payment($885,000)

Interest Rate

Est. Monthly Payment

$26,894

30-yr fixed · 20% down · 6.875%

Principal & Interest$23,255

Property Tax (actual)$1,795

Est. Home Insurance~0.5% est.$1,844

Total / month$26,894

Loan amount$3,540,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.