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Lake Apopka Waterfront | C2 Commercial Zoning | Price Reduced
Rare lakefront commercial opportunity on Lake Apopka. This C2-zoned property offers flexible commercial potential along a growing waterfront corridor, with a recent price reduction reflecting property condition and redevelopment opportunity.
Located in an area experiencing significant investment and growth, with multi-million-dollar homes being constructed in nearby lakefront neighborhoods, this property presents a unique opportunity for investors, developers, or owner-operators looking to secure waterfront land with long-term upside.
Property Highlights:
Direct lakefront property on Lake Apopka
C2 Commercial Zoning – multiple potential uses
Existing two-story structure with walk-out basement
Updated kitchen with large island and three ovens
Enclosed carport/garage
Private dock location (dock will require rebuilding)
Chicken coops and additional outdoor structures
Scenic water views and open outdoor space
Improvement Opportunity
The existing structure will require significant renovation and system updates, including HVAC, electrical, plumbing, and flat roof replacement. The shingle roof was replaced in 2016.
This offering is best suited for buyers prepared to renovate the existing structure, repurpose the building for commercial use, or redevelop the site to take advantage of the waterfront location.
Opportunity
With flexible C2 zoning, lakefront setting, and a newly reduced price, this property offers a rare chance to acquire waterfront commercial land with redevelopment potential in an area experiencing renewed investment and growth.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $207 | $207 | $207 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,353 | $3,489 | $4,606 |
| Total Monthly Payment | $3,652 | $3,788 | $4,905 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.