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Land For Sale • 305 AC
The property consists of 305 acres along ST RD 557 in Lake Alfred, Florida, with 92 acres identified as developable. It is currently zoned for agricultural use, permitting one dwelling unit per five acres. The site is contiguous to Lake Alfred, creating potential for annexation and rezoning to Village Residential, which allows four units per acre. The property is located across from the Silver Lakes development by Meritage Homes, where water and sewer infrastructure has been extended.ST RD 557 is scheduled for expansion to a four-lane roadway beginning in 2025, and a roundabout will be constructed at the intersection. A five-acre retention pond will be developed adjacent to the highway. The surrounding area includes active residential development by multiple national builders.
| 305-acre parcel with 92 acres deemed developable. |
| Current zoning allows 1 unit per 5 acres; potential rezoning could allow up to 4 units per acre. |
| Located across from Meritage Homes’ Silver Lakes community with utilities extended to the entrance. |
| ST RD 557 expansion to four lanes scheduled to begin in 2025, with a roundabout planned at the intersection. |
| Positioned within an active development corridor featuring national homebuilders. |
| Approximately 45 minutes from Orlando International Airport and 38 minutes from Walt Disney World. |
Dee Norris
NEXTHOME NORRIS & COMPANY REAL
Dee Norris
NEXTHOME NORRIS & COMPANY REAL
