About Eustis, Florida

This project is labeled as the Northern Gateway into the City of Eustis, Florida! Direct Lake Eustis Access available, large canal “Trout Run” with possible 200’+ custom boardwalk between 2 lakes (Trout Lake & Lake Eustis). Amazing local schools, beautiful neighboring subdivisions, local wastewater plant, near downtown and all major growth in the area! 16 billion of new freeway infrastructure makes this prime real estate, only 31 miles northwest of Orlando bringing in new access to local residents, appealing to new out of state residents moving in or looking for nice rentals with quick access to the rest of Central Florida. Population within Lake County alone will grow by 3 million over the next 5 years with a current housing demand that cannot be met at this time. The adjacent lake to the west is Lake Eustis, a lake in Lake County, Florida. It is part of the Upper Ocklawaha River Basin, a sub-watershed of the St. Johns River. It is one of seven lakes in the Harris Chain of Lakes or “Ocklawaha Chain of Lakes”.

Key Subject Property Details

ENTITLEMENTS INCLUDE; MAX 72 DOORS AND/OR 22,800 SQ FT OF COMMERCIAL SPACE
Total project area is 6.08 acres +/-, 264,849 sf +/-
Design District - Suburban Corridor
22,800 SF of commercial
Maximum 72 Residential Units
Residential Density 12 du/acre
Central Water and Sewer from City of Eustis
City and Water Impact Fee Credits Approved
Stormwater management by system of pipes and retention ponds
All improvements to be constructed by developer
10’ and 15’ perimeter landscape buffer as required
Potential residential types; multi family apartments, town homes (quad & villas)
Recreation and open space as shown
3 Operating Billboards on the property
Canal which provides access to Trout Lake & Lake Eustis
Hwy 19 offering a daily traffic count of 20,000+ cars per day
MEDICAL, ALF, MEMORY CARE PERMISSIBLE
Funding Available for the Acquisition, Horizontal Infrastructure and Vertical Construction
$16 billion dollar freeway infrastructure connection project, connecting the 429, 417, I-4, Florida Turnpike & CR 46: http://www.wekivaparkway.com/

Wekiva Parkway Project: https://www.cfxway.com/for-travelers/expressways/wekiva/
Highway Improvement Program: https://www.lakecountyil.gov/DocumentCenter/View/13719/ExecutiveSummary_2017-2022-Highway-Improvement-Program
Lake-Sumter MPO TSM&O Master Plan: https://lakecountyfl.gov/pdfs/gis/TSMO-Master-Plan.pdf
5 year transportation improvement program you may visit all information here; https://www.lakecountyil.gov/777/5-Year-Transportation-Improvement-Progra

Lake Eustis sailing club where they will be putting in a new $17M sailing conference center with the University of Central Florida; https://www.orlandosentinel.com/news/lake/os-ne-eustis-sailing-center-20190821-soc3akulcbh6nbr3lmumyux4nq-story.html
Downtown Eustis, less than .5 miles from our project they have approved a $65M development project for downtown, attached is all the details on the RTF - https://drive.google.com/drive/folders/186hD4iVteB4cL6xanDXkuCTYCLcuqBUR?usp=sharing
$26M assisted living and memory care facility set to break ground in the next 18 months, please see attached documents for reference - https://drive.google.com/drive/folders/186hD4iVteB4cL6xanDXkuCTYCLcuqBUR?usp=sharing