South Lake Toho Development Tract
Canoe Creek Road : Kenansville, FL 34739
Osceola County, Florida
Property Description
One of the last remaining large tracts of development land, South Lake Toho Development, encompasses 3,229 ± acres in Osceola County. This opportunity for development allows for multiple uses within the property, including commercial, industrial, single and multi-family residential.
South Lake Toho Development is situated amid incredible demographic growth in Central Florida near Orlando, Disney World, and the region's numerous popular destinations. Florida is more than just a place to visit. Around 1,000 people per day continue to move into the state, driving demand for residential property and commercial projects that support new communities.
The property lies in the pathway of the planned Southport Connector Expressway which aims to support the rapid growth of the area. The planned expressway runs West to East along the property's southern border. This planned transportation route offers excellent connectivity to the Central Florida region, bridging Polk County's edge to Osceola County. The planned expressway divides the property into northern and southern areas. It allows for commercial and industrial development in the Special District Area for distribution, as seen on the Osceola County South Lake Toho Conceptual Master Plan on page 7. The county's comprehensive plan includes supportive recreational amenities and non-residential uses to create a flexible environment for life, work, and recreation.
The highest and best offers will be accepted until 5:00 pm EST on June 24, 2022. However, the sellers reserve the right to enter into an agreement for the sale of the property prior to or after this date. Any modification to this date, terms, and conditions are subject to change. Please note, a 2% buyer's premium will be paid to SVN | Saunders Ralston Dantzler Real Estate, the exclusive representer of the seller. Refer to the listing webpage for any modifications.
Description:
3,229 ± acres in Osceola County
This opportunity for development allows for multiple uses within the property, including commercial, industrial, single and multi-family residential.
Uplands/Wetlands: 88% Uplands / 12% Wetlands
Lake & Water Features: 1 ± mile of lake frontage on Lake Tohopekaliga
