Rare Lakefront Redevelopment Site | Potential for ±50 units | Minutes from Winter Park & Maitland! A rare and exceptional opportunity to acquire over 2 acres of prime lakefront land, with the potential to annex an additional ±4.6 acres from the City—opening the door to a truly expansive and visionary development. Currently operating as an income-producing asset, the property consists of 7 rental units, generating attractive income for the owner. Leases are flexible, allowing for income during the entitlement and planning phases.The property is zoned Planned Residential District (PRD) with a future land use designation of Medium Density Residential (MDR), supporting a variety of residential concepts. Early planning shows potential for developing ±50 TOWNHOMES OR ASSISTED LIVING UNITS (subject to approvals). The site sits right on the corner where Seminola Blvd and Button Road intersect. Situated on Lake Kathryn, a breathtaking 74-acre, spring-fed, ski lake, the site offers a serene and picturesque setting for residential or senior living development. Public water and sewer available at the site. Walking distance of Publix, Target, emergency clinic, and Concord Park. Minutes to SunRail, I-4, and SR-417 for regional access.
- Lot size: 2.17 acres
- 1 days on market
- Directions: Take I-4 Express to Maitland. Take exit 90 A-B from I-4 E/ Merge onto FL-414 E/Maitland Blvd/ Follow S US 17 to Button Rd in Casselberry/ Continue on Button Rd. Take Seminola Blvd to Rain Lily Ct/Rain Lily Cv
- County: Seminole
- Geo subdivision: PARK PLACE AT LAKE KATHRYN
Features
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Fernanda Pizzammiglio
Florida Realtor 🇺🇸 🇧🇷
- Source: Stellar MLS
- MLS #: O6363226
Listing updated: November 26, 2025 at 9:22AM
Listing provided by: John Sadri, JOHN SADRI & COMPANY
Last checked 0 seconds ago
Listing provided by: John Sadri, JOHN SADRI & COMPANY
Last checked 0 seconds ago
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