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417 Rain Lily COVE
For Sale $1,450,000
$1,450,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 94,542 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,450,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 08213054200000020 |
| MLS # | O6363226 |
| Property ID | 322411159 |
| Lot Sqft | 94,542 |
| Zoning | PRD MDR |
| Days on Market | 80 |
| Original List Price | $1,450,000 |
| Date Updated | November 26, 2025 |
| Date Created | November 25, 2025 |
Listing Provided By
John Sadri an agent of . Lic #598235
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 26, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT