3140 FRIARS COVE RD, SAINT CLOUD, FL 34772

Extremely unique lakefront property zoned mix-use high-density, located in fast growing city of St. Cloud, 22.6 acres lakefront on Lake Toho, just 20 miles south of Orlando. Ready to be developed. High and dry land has a mixed-use (MXD) zoning designation and a mixed-use land use classification per Osceola County. 33-minute drive to the Orlando International Airport (MCO). The community is projected to see a 4.0% growth in population by 2025. Property is immediately south of Fontana Lakes, one of five large master-planned and mixed-use communities that make up Osceola County’s 11,000-acre East Lake Toho element of the Comprehensive Plan. Fontana Lakes has an approved Concept Plan that also includes a marina on the cove. The marina would anchor a 248-unit condominium community. In total, the 677-acre project is entitled for 1,752 single-family homes and 1,200 multifamily units. The project is scheduled to break ground on Phase 1 in 2022. Minutes away from local shops, restaurants, and attractions such as Airboat Adventures, Crabby Bill’s, and St. Cloud Square. Rare opportunity to acquire a 22.68-acre parcel of land in the Osceola submarket that is zoned mixed-use. The land is centrally located within growing St. Cloud, near downtown Orlando, Walt Disney World and the region’s numerous popular destinations. The property sits on Lake Toho and offers easy access to the best shopping, restaurants, theme parks, hospitals and more. Lake Nona is to the north and boasts professional employment centers including Orlando VA Medical Center, UCF College of Medicine, and Nemours Children’s Hospital as well as new corporate offices for KPMG and United States Tennis Association. The Florida Turnpike is only 1.56 miles away. Current improvements include a single-family home constructed in 2001 with four-and-a-half baths, six bedrooms and a barn. Fully remodeled 2019! SELLER Financing Available.