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791 Lake Avenue, CLERMONT, FL 34711
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791 Lake Avenue
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  • MLS#: G5108242 ( Residential Income )
  • Street Address: 791 Lake Avenue
  • Viewed: 12
  • Price: $1,945,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 6
  • Garage / Parking Spaces: 5
  • Days On Market: 6
  • Additional Information
  • Geolocation: 28.5545 / -81.7647
  • County: LAKE
  • City: CLERMONT
  • Zipcode: 34711
  • Subdivision: Clermont
  • Provided by: COLDWELL BANKER HUBBARD HANSEN
  • Contact: Andrea Summers
  • 352-394-4031
  • mfrmls
  • DMCA Notice
  • Description
    Rare 0.50 acre corner parcel in the heart of Downtown Clermont zoned CBD (Central Business District), offering exceptional mixed use and redevelopment potential. Positioned one block from City Hall and within walking distance to Lake Minneola, Waterfront Park, dining, retail, and trail access, this property sits within Clermonts active and evolving downtown corridor. Currently improved with a six unit (each unit 1 bedroom, 1 bath) multifamily building providing income, the property presents a compelling opportunity for investors, developers, or buyers seeking long term redevelopment, repositioning, or a strategic hold within the CBD district (buyer to verify allowable uses and density). Existing income offers the potential for future revenue growth through thoughtful rent adjustments aligned with market trends while evaluating redevelopment or repositioning plans. The half acre corner parcel offers substantial additional usable land beyond the existing building footprint, providing meaningful space for potential expansion, supplemental structures, or future development. CBD zoning supports a variety of potential residential, mixed use, and hospitality related concepts (buyer to verify all allowable uses and requirements). Downtown Clermont continues to experience meaningful private investment and steady growth, following a trajectory seen in other Central Florida downtown markets that have undergone substantial appreciation and revitalization over time. Opportunities to secure sizeable parcels within an emerging downtown core are becoming increasingly limited. Secure a prime urban infill opportunity in one of Central Floridas fastest growing lakefront communities. Do not disturb tenants. Shown by appointment only.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 5.00
Close Date
  1. 0000-00-00
Cooling
  1. Other
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
Garage Spaces
  1. 0.00
Heating
  1. Other
Insurance Expense
  1. 0.00
Interior Features
  1. Other
Legal Description
  1. CLERMONT LOTS 4 5 6 BLK 57 PB 8 PG 17 ORB 1700 PG 664
Living Area
  1. 3750.00
Area Major
  1. 34711 - Clermont
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 24-22-25-0100-057-00400
Possession
  1. Close Of Escrow
Property Type
  1. Residential Income
Roof
  1. Other
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 22
Utilities
  1. Cable Available
  2. Sewer Connected
  3. Water Connected
Views
  1. 12
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/G5108242
Water Source
  1. Public
Year Built
  1. 1968
Zoning Code
  1. CBD
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com