Mt Homer RoadTavares, FL 32778Price: $10,000,000

  • Price: $10,000,000
  • Est. Mortgage of $/month
  • 4 Days on Market
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$/month over payments
Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $10,000,000List Price
Approximately 20 acres right on the corner of US 441 and Mt Homer Rd in Tavares, with 245 feet of frontage on 441 and 1,343 feet on Mt Homer. The property is annexed into the City of Tavares, zoned RMF-3, and has an approved conceptual plan for a 300 unit multifamily community with parking and green space. That gives a developer a real head start on the entitlement process. The location is hard to beat. The site is minutes from AdventHealth Waterman hospital, and its corner position on US 441 puts it on the main corridor between Tavares, Mount Dora, Eustis and Leesburg, with plenty of visibility. Shopping, dining and downtown Tavares are all close by. If multifamily isn't the plan, the property could be rezoned for another use, subject to City of Tavares approval. Water and sewer are not currently on site, so buyers should verify utility availability and extension costs with the city. Buyers are also encouraged to confirm zoning, entitlements and permitted uses with the City of Tavares.

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Kelly Shipes of DOWN HOME REALTY,LLLP (352-753-0976)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 7, 2026 2:34 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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