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About this home
Markham Woods Rd is a home Lake Mary. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Prime development opportunity on one of Lake Mary’s most prestigious roads—this 5-acre parcel with direct Markham Woods Road frontage offers the potential to create up to five luxury estate homes. Zoned A-1 with future land use designation of Planned Development (PD), the property is ideally positioned for a high-end residential community, surrounded by multimillion-dollar estates and across from Heathrow Elementary. With limited remaining land in this sought-after corridor, this is a rare chance for investors to deliver a boutique enclave in one of Central Florida’s most desirable markets, just minutes from I-4, top-rated schools, and major employers.
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,750,000
Time on market
427 days
Monthly payment
About $10,752/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,002 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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