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Ike Harb Acquires Development Site In Clermont From Charlie Weatherbee For $1.05M

Property Image
SOLD
$1,050,000
Christopher Settineri
Christina Kurtz-Clark
Maria Camila Castro

Florida

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Development Site2,444 SF
Sold 07/18/2025
the dealplayerscompscontact
Property Image
SOLD

Ike Harb Acquires Development Site In Clermont From Charlie Weatherbee For $1.05M

898 West Montrose Street

See Similar Deals
Development Site2,444 SF
Sold 07/18/2025
Christopher Settineri
Christina Kurtz-Clark
Maria Camila Castro
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$429
Total Square Footage:2,444 SF
Transaction Type:Sale

The development site located at 898 West Montrose Street in Clermont has been successfully sold for $1,050,000. This asset encompasses a total area of 2,444 square feet, amounting to a price per square foot of $429.

Summary of transaction details:

The brokers noted that they brought an underutilized automotive shop to market in a growing downtown district and successfully sourced a 1031 exchange buyer, while simultaneously securing a high-quality regional tenant. They emphasized their role in creating a net-leased, cash-flowing asset at closing, facilitating an adaptive reuse intended to transform the property into a vibrant, themed experiential destination.

Players

Christopher Settineri
Settineri Group
Christopher Settineri
6 deals$15.3M volume(973) 407-0008
BROKER
Christina Kurtz-Clark
Settineri Group
Christina Kurtz-Clark
2 deals$8.2M volume(352) 223-0817
BROKER
Maria Camila Castro
Settineri Group
Maria Camila Castro
4 deals$11.5M volume(407) 577-0277
BROKER
Settineri Group
Settineri Group
BROKERAGE

Details

SOLD
IMAGE: Christina Kurtz-Clark, Christopher Settineri & Maria Camila Castro DATE: 07/18/2025 ADDRESS: 898 West Montrose Street MARKET: Clermont ASSET TYPE: Development Site BUYER: Ike Harb SELLER: Charlie Weatherbee BROKERS: Christopher Settineri (@Settineri), Christina Kurtz-Clark & Maria Camila Castro (@FirewithCamila) - Settineri Group (@Settineri.Group) SALE PRICE: $1,050,000 SF: 2,444 ~ PPSF: $429 NOTE FROM BROKERS: We brought an underutilized automotive shop to market in the heart of a growing downtown district, where demand has far outpaced legacy uses. We sourced a 1031 exchange buyer looking for long-term upside and simultaneously secured a high-quality regional tenant whose vision aligned with the community’s evolving needs. The result? A net-leased, cash-flowing asset at closing — and the beginning of a thoughtful adaptive reuse that will transform a prime corner into a vibrant, themed experiential destination. This is what drives our work: pulling together the right pieces — tenants, investors, strategy, and creative vision — to elevate overlooked spaces into meaningful places. Whether for our clients, the community, or the end-user, deals like this are about more than closing; they’re about creating environments people connect with.

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