Vacant Land (10+ Acres)
THIS PROPERTY IS FOR SALE, FOR LEASE OR FOR LEASE WITH OPTION TO PURCHASE. Located on the Dora Canal at the mouth of Lake Eustis on 6-lane divided US Hwy 441. Property has 1400+ front feet at the entrance to city of Tavares with access to the Harris Chain of Lakes; 14+/- acres with 6.2+/- useable. Property comes ready to start building. There is an "approved site plan" by the city of Tavares for 101 condos, pool house & cabana, and 52 boat slips. All engineering and permitting complete. All city utilities on site. Long term lease allows you to use your money for construction and not vacant land! Buildings can be depreciated over a long term lease - You can't depreciate land. Contact JOHN THOMAS at 352-728-2121 or 800-618-2121 for additional information.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.