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$479,900
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Property Description
Prime Development Opportunity Just Steps from Montverde Academy! This rare 1.53+/-acre parcel in the heart of Montverde, Florida, presents an incredible opportunity for developers, investors, or visionaries looking to be part of one of the most desirable communities in South Lake County. Just two blocks from the world-renowned Montverde Academy, the property offers unmatched potential in a location where demand for both housing and commercial space continues to grow. The true strength of this property lies in its versatility. With its 1.53+/- acres of primetime land, the site could be developed into custom residences to serve Montverde Academy's faculty, staff, students, and their families, or it could be transformed into an alternative concept such as luxury row homes, faculty housing, or a distinctive commercial use that benefits from its central location and strong community ties. The sellers had a vision in mind, but since it has not yet been formally presented, future developers have the freedom to adapt the property to suit market needs or personal aspirations. Set within a scenic environment of mature trees, landscaped buffers, and lake views, the parcel offers not only natural beauty but also convenience, being within walking distance of Montverde Academy and minutes from surrounding towns and major roadways. Whether your goal is to create a neighborhood that complements Montverde Academy's prestige or to establish a commercial venture in one of the most convenient and charming small towns in South Lake County, this property provides a unique canvas. With its size, setting, and location, it stands as a rare chance to make a lasting contribution to Montverde's growth and character while securing a prime investment for the future.
Full Property Details
Full Property Details for 8th St
General
- Price: $479,900
- Taxes: $2,151 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: G5101053
- Updated: 11/21/2025
- Added to Site: 150 day(s) ago
Location
- Area: 34756 - Montverde/Bella Collina
- County: Lake
- Development Name: 34756 - Montverde/Bella Collina
- Driving Directions: From Florida’s Turnpike, take Exit 272 (Clermont/Highway 50) and head west. Turn right (north) on County Road 455 and continue into Montverde. Turn right onto Franklin Avenue, then left on Eighth Street. The property is located on Eighth Street near the corner of Franklin Avenue, just three blocks from Montverde Academy.
- Direction Faces: West
Community
- Community Name: 34756 - Montverde/Bella Collina
Utilities
- Sewer: None
- Water: None
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.53
- Lot Size (Sq. Ft.): 66,647
- Lot Size: 1.53
- Lot Dimensions: 401 x 144.99 x 159 x 35 x 242 x 180
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $313,660
- Tax Amount: $2,151.19
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MONTVERDE DIVISION F BEGIN AT SOUTHWEST CORNER OF LOT 6 FRANKLIN POND PB 29 PGS 47 48 RUN SOUTH 00-00-00 EAST ALONG WEST LINE OF LOT 3 BLK 1 DIVISION F AND WEST LINE OF LOT 4 BLK 1 A DISTANCE OF 401 FEET SOUTH 90-00-00 EAST 144.99 FEET NORTH 00-00-01 WEST 175.16 FEET NORTH 89-18-17 EAST 37.21 FEET NORTH 00-00-01 WEST 227 FEET TO SOUTH LINE OF LOT 7 FRANKLIN POND SOUTH 89-18-17 WEST 182.21 FEET TO THE POINT OF BEGINNING UNRECORDED PLAT SEE DEED FOR FULL PROPERTY DESCRIPTION ORB 5447 PG 1886
- Flood Zone Info: x
- APN: 12226120000100303
- Property ID: 12226120000100303
- Block/Lot/Section: 1
Listed by Era Grizzard Real Estate
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Price & Sales History for 8th St
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$479,900
-2.06%
MLS
10/28/2025
Price Reduced
$490,000
-2%
MLS
8/21/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8th St
8th Street, Montverde, FL 34756 (MLS# G5101053) is a Lots/Land property with a lot size of 1.53 acres. 8th Street is currently listed for $479,900 and was received on August 21, 2025. Want to learn more about 8th Street? Do you have questions about finding other Lots/Land real estate for sale in Montverde? You can browse all Montverde real estate or contact a Coldwell Banker agent to request more information.

