Last updated on November 10th, 2025
Lakefront Redevelopment Opportunity
417 Rain Lily Cove, Casselberry, Florida 32707
| Land Size | 2.17 Acres |
| Zoning | PRD |
| Water | Yes |
| Sewer | Yes |
| Electric | Yes |
- 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.