CASSELBERRY, FL 32707 417 RAIN LILY COVE

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Presented By: JOHN SADRI & COMPANY with 407-619-9999. - 407-619-9999
  • MLS# O6363226
  • 11/25/2025
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.

Home Details

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.
Presented By: JOHN SADRI & COMPANY with 407-619-9999. - 407-619-9999

Interior Features for 417 RAIN LILY COVE

Bathrooms

Total Baths

General for 417 RAIN LILY COVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityCASSELBERRY
CountySeminole
Current UseCommercial
DirectionsTake 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
DockY/NNo
Facing DirectionWest
Flood Zone CodeX500*
Flood Zone Code X500Y
Legal DescriptionLOT 2 PARK PLACE AT LAKE KATHRYN PLAT BOOK 84 PGS 85-86
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet94542
Lot Size UnitsAcres
MLS Area32707 - Casselberry
Other StructuresOther
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePARK PLACE AT LAKE KATHRYN
Tax Annual Amount14111.49
Tax Lot2
Tax Year2024
UtilitiesElectricity Available, Water Connected
ViewWater
Virtual TourClick here
Water Access TypeLake
Water Access Y/NYes
Water ViewLake
Water View Y/NYes
Waterfront FeaturesLake Front
ZoningPRD MDR

Exterior for 417 RAIN LILY COVE

Lot Dimensions255 x 670
Lot FeaturesBuildable, Level, Oversized Lot
Lot Size Acres2.17
Lot Size Area2.1704
Road Frontage TypeState Road
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $1,450,000
MLS#O6363226
List Date 11/25/2025
Property Type Land
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