Masthead Blvd - Multifamily Development Opportunity

108-Unit Multifamily Development Opportunity in Clermont Yacht Club, Clermont, FL
This exclusive multifamily development opportunity within the highly desirable Clermont Yacht Club community is available for purchase. With approvals in place for 108 multifamily units across four planned buildings, this 3.85-acre parcel is primed for development. Extensive site work valued at approximately $1.4M has already been completed, including essential infrastructure, offering a faster path to construction. Considered the most popular and coveted gated community in Clermont, Florida
Located just one mile from Clermont’s historic downtown and only 20 miles from Orlando, this property provides convenient access to Hwy-27 and Hwy-50, positioning it perfectly for residents seeking proximity to urban amenities while enjoying the tranquility of lakeside living near Lake Minneola. Detailed architectural drawings have already been completed, ranging from 1 to 3 bedrooms, cater to diverse buyer profiles, from young professionals to retirees, appealing to both local and foreign buyers.
This site also benefits from Clermont's ongoing downtown redevelopment “Master Plan” and growing reputation as a sought-after destination, adding value and demand potential to this investment. Ideal for developers and investors looking for a high-growth area with strong market fundamentals and a pre-approved project.