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3501 Kelly Park Road

Updated Feb 25, 2026

Robert Strier Sells Development Site At 3501 Kelly Park Road Apopka For $1.55M
SOLDDevelopment Site

Robert Strier Sells Development Site At 3501 Kelly Park Road Apopka For $1.55M

3501 Kelly Park Road

$1,550,000

$12/SF

Building Size

119,790 SF

Asset Type

Development Site

Closing

Feb 11, 2026

About this deal

AI

The property asset involved in this transaction is a development site located at 3501 Kelly Park Road in Apopka, Florida. The sale price was $1,550,000 for approximately 2.8± acres, equating to $12 per square foot. This site is positioned within the rapidly expanding Kelly Park Interchange corridor along State Road 429, making it a prime location for commercial development.

Summary of transaction details:

The transaction was facilitated by Settineri Group, which represented both the seller and buyer. Maria Camila Castro sourced the buyer, while Christopher Settineri served as the representative for the seller. The deal took nearly four years to close, involving four separate contracts before successful completion. Christopher Settineri noted the complexities navigated throughout the process, including entitlement considerations and market shifts.

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$1,550,000

$12/SF

Development Site

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Players

Christopher Settineri

Settineri Group

Broker

$15.3M

vol

6 deals

Broker
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Apopka Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $12 per square foot on a published $1.6M for 119,790 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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