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Kaveh Albekord Purchases Development Site From Donna Welton In Clermont For $1.3M

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SOLD
$1,300,000

Florida

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Development Site198,633 SF
Sold 02/03/2025
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Property Image
SOLD

Kaveh Albekord Purchases Development Site From Donna Welton In Clermont For $1.3M

17215 Grassy Lake Road

See Similar Deals
Development Site198,633 SF
Sold 02/03/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$6
Total Square Footage:198,633 SF
Transaction Type:Sale

A development site located at 17215 Grassy Lake Road in Clermont has been sold for $1,300,000. The property spans approximately 198,633 square feet, equating to a price per square foot of $6. The site is poised for a healthcare/medical office development, designed to cater to the expanding medical service needs in the area.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $1,300,000
  • Buyer: Kaveh Albekord
  • Seller: Donna Welton
  • Broker: Christopher Settineri - Settineri Group
  • Market: Clermont
  • Square Footage: 198,633
  • Price Per Square Foot: $6

The Settineri Group successfully facilitated this transaction, highlighting the strategic importance of the site in alignment with the nearby AdventHealth Minneola Hospital and the associated Hills of Minneola development. This transaction reflects a significant step in fulfilling the region's evolving healthcare demands.

Players

Christopher Settineri
Settineri Group
Christopher Settineri
6 deals$15.3M volume(973) 407-0008
BROKER
Christopher Settineri
Settineri Group
Christopher Settineri
6 deals$15.3M volume(973) 407-0008
BROKER

Details

SOLD
IMAGE: Christopher Settineri DATE: 02/03/2025 ADDRESS: 17215 Grassy Lake Road MARKET: Clermont ASSET TYPE: Development Site BUYER: Kaveh Albekord SELLER: Donna Welton BROKER: Christopher Settineri (@Settineri) - Settineri Group (@Settineri.Group) SALE PRICE: $1,300,000 SF: 198,633 ~ PPSF: $6 NOTE FROM BROKER: The Settineri Group successfully brokered the sale of 4.56 acres in Clermont FL for $1.3mm. This strategic site is set to become a state-of-the-art healthcare/medical office development, perfectly positioned to serve the growing needs of the surrounding Hills of Minneola development and the soon-to-be-completed AdventHealth Minneola Hospital. The healthcare sector is rapidly expanding in this area, and the addition of a cutting-edge medical office facility will play a crucial role in meeting the increasing demand for medical services.

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