417 Rain Lily Cove
Casselberry, FL 32707

Re-development / Value-add opportunity located between Lake Kathryn and Seminole Blvd. in Casselberry, FL. This 2.17 acre property currently consists of two structures, a 5-unit multi-family building in the back and a duplex in the front. Units will be able to provide immediate cash flow for the buyer while they wait for plans to be approved and/or while developing the front roadside acre. 

Current zoning is Planned Residential District (PRD) with a future land use of Medium Density Residential (MDR), this designation has a maximum allowable density of up to 13 units per acre, which would allow for up to 28 units. Great for townhomes, smaller apartment and condos or senior assisted living.

Located just off 17-92 behind Publix and Home Depot, this property is centrally located near major retailers and restaurants. Along with easy access to I-4 and the SunRail to get around.

Owner will listen to all offers and to selling just the front acre on Seminola Blvd.

Very few properties like this left in the area. Call to set up a tour today.

*Please do not walk the property without contacting listing agent first. The seller does not want to disturb any current tenants.*