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Last updated on November 10th, 2025

Lakefront Redevelopment Opportunity

417 Rain Lily Cove, Casselberry, Florida 32707


Land Size2.17 Acres
ZoningPRD
WaterYes
SewerYes
ElectricYes
  • Outstanding Re-development Opportunity – Prime 2.17-acre waterfront site on Lake Kathryn, a 74-acre spring-fed ski lake.
  • Zoning & Land Use – Zoned PRD (Planned Residential District) with Medium Density Residential (MDR) future land use.
  • Development Potential – Up to 28 gated townhomes; also ideal for condominiums, boutique apartments, or senior housing.
  • Desirable Location – Located in Casselberry, FL, at the heart of Seminole County.
  • Walkable Amenities – Steps from Publix, Target, pharmacy, emergency clinic, and near Concord Park.
  • Excellent Connectivity – US Hwy 17-92, I-4, and SunRail regional commute train, offering strong access to major employment and retail centers and both major regional airports.
  • Currently it’s an income-producing property with 5 tenants, generating about $95,000 in gross rent.
  • Rare Infill Lakefront Site – One of the last lakefront re-development parcels available in the area.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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