South Lake Toho Community Sold For $30,000,000

November 01, 2022   |   Residential Development

Clay Taylor and David Hitchcock close on a $30,000,000 residential development site in Central Florida.

LAKELAND, FL, November 1, 2022 - Over the past few decades, Florida has been barreling down the road towards commercial and residential development. Keeping this progress in mind, our advisors at SVN | Saunders Ralston Dantzler have worked hard to keep up with Florida’s growth and support its landowners. Most recently, Senior Advisors Clay Taylor, ALC and David Hitchcock, ALC, CCIM, brokered the sale of approximately 538 acres of residential development in Central Florida for a total of $30,000,000. This property is zoned for a master planned community located in the major growth sector of Osceola County.

The property is near all the major attractions like Disney World and Universal,” Taylor said. “Plans for 1,000 housing units have been in place for the property to help keep pace with Florida's growth.”

The South Lake Toho Community features gorgeous lake frontage against the 23,000-acre Lake Toho. The fishing and boating lake offers access to the Kissimmee Chain which connects to Lake Okeechobee and both of Florida’s coasts.

The site is perfect for high quality residential development and this property makes for a great investment,” said Hitchcock.

In its progress, SVN | Saunders Ralston Dantzler has become one of the biggest names in the Florida real estate market. The firm has brokered many parcels within Osceola County’s Mixed-Use Conceptual Master Plan and continues to serve within the area. This plan includes residential, recreational, and environmental uses aimed at creating a robust community. In 2021, Managing Director Dean Saunders and Senior Advisor Dusty Calderon championed another deal within this master plan that totaled almost 6,000 acres of ranchland zoned for mixed-use development. When the property closed, Green Island Ranch sold for $150,000,000. 

More developmental plans are coming into fruition within Central Florida as more individuals and investor companies become more attracted to the growing market. SVN | Saunders Ralston Dantzler holds steady at the forefront of these developments as progress flourishes in the beautiful Sunshine State.

Media Contact:
Jennifer Williamson
Marketing Director

About SVN | Saunders Ralston Dantzler

SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land, including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, loan sales, valuation, advisory, and counseling services for office, retail, industrial, and multi-family properties. With over 125 expert advisors throughout the US South with offices in Florida and Georgia, our team has the knowledge and resources to help clients realize their real estate investment goals.