623 Lake Dora Drive, Tavares, FL 32778

Property Description

PRIME 0.69-ACRE MIXED USE SITE ACROSS FROM LAKE DORA! Lake views and a location close to downtown Tavares, waterfront dining, shopping, Wooton Park, and the Tavares Seaplane Base & Marina make this a standout redevelopment opportunity in America's Seaplane City. The Mixed Use future land use designation provides a potential maximum residential density of 25 units per acre, with potential for boutique hotel development under Mixed Use zoning. All proposed uses, allowable density, and development feasibility must be verified with City of Tavares Planning and Zoning and are subject to site conditions and required approvals. The 150 x 200 lot (approx. 30,000 sq ft) is inside city limits with public water and sewer, sidewalks, and paved frontage on Lake Dora Dr. A 2022 environmental exhibit identifies approximately 0.55 acre of uplands and 0.14 acre of wetlands. An existing triplex on site, with one unit currently rented at $950 per month, can provide holding income while you plan or be renovated or redeveloped as part of your vision. Known foundation settlement; foundation repair proposals and a prior neutral evaluation are available for review (the 2014 evaluation concluded no active sinkhole activity). Buyers should obtain independent assessments. Bring your architect, engineer, or builder, walk the site, and experience the location in person. Request the environmental exhibit and available reports, schedule your tour, and bring your offer!