OSCEOLA COUNTY, FL, December 18, 2024 - As developable land in Florida becomes increasingly scarce, Saunders Real Estate brokered the sale of a $110 million land transaction, securing one of the last remaining large tracts of development land in Central Florida. The 3,229-acre South Lake Toho Development, located in Osceola County, represents a rare opportunity for residential and mixed-use development in a region experiencing unprecedented growth.
Dean Saunders, ALC, CCIM
Saunders Real Estate Founder & Managing Director Dean Saunders and Senior Advisor Dusty Calderon represented both the buyer and the seller in this transaction.
The property features approximately 88% uplands and 12% wetlands, with one mile of lake frontage along Lake Tohopekaliga, offering prime potential for waterfront development. The planned Southport Connector Expressway, which will border the property’s southern edge, will enhance connectivity between Polk and Osceola Counties, boosting its value and supporting large-scale development. Flexible zoning and infrastructure access, as outlined in the Osceola County South Lake Toho Conceptual Master Plan, make this site ideal for innovative commercial, industrial, and community projects.
Dusty Calderon
Situated near Orlando, Disney World, and Central Florida’s renowned attractions, South Lake Toho is uniquely positioned amid one of the fastest-growing areas in the United States. The property offers flexible zoning for commercial, industrial, single-family residential, and multi-family residential uses, making it extremely versatile.
“This sale underscores the strength of Central Florida’s real estate market and its capacity for growth,” said Dean Saunders, ALC, CCIM. “South Lake Toho Development offers unparalleled potential to create a vibrant, multi-use community that supports the region’s dynamic lifestyle and growing population.”
With its ideal location and unmatched development potential, the South Lake Toho Development is set to play a significant role in shaping the future of Central Florida’s residential and commercial landscape.
About Saunders Real Estate
Saunders Real Estate is a leading land and commercial real estate brokerage serving buyers, sellers, investors, and landowners across the Southeastern United States for 30 years. With over 100 advisors and offices in major U.S. markets including Alabama, Arkansas, Florida, Georgia, and North Carolina, we specialize in large-acreage land transactions, commercial property sales and leasing, and property management.
To reflect our legacy and continued growth, Saunders Real Estate operates through two divisions – Saunders Land and Saunders Commercial. Our expertise spans agriculture, conservation, recreation, residential development, and commercial real estate, supported by specialized services such as forestry, land management, and investment acquisitions.
Today, Saunders Real Estate is recognized as a trusted authority in the region, delivering exceptional results through experienced leadership, innovative strategies, and a client-focused approach.