Commercial Sale · Business
24629 SORRENTO AVENUE, SORRENTO, FL, 32776
Active158 days on marketListed Mar 7, 2026MLS #G5109087
About this property
The property at a glance
Positioned within the Mt. Plymouth–Sorrento Community Redevelopment Area (CRA), this CP-zoned parcel just shy of 5 acres sits in the path of significant growth along the Sorrento corridor. The property offers over 100 feet of road frontage on Sorrento Avenue along with additional access from CR 437 and Paul Street, providing excellent visibility and flexible access. The property includes an existing structure previously used as a residence, which may lend itself to office or other permitted commercial uses, subject to county approvals, along with a detached approximately 2,000 square foot garage. Across the street is an approved 1,700-home residential development with approximately 350,000 square feet of planned commercial space, placing this site in the center of an area experiencing substantial residential expansion and increasing commercial activity. With CP zoning, nearly five acres, multiple access points, and placement within the Mt. Plymouth–Sorrento CRA, the property offers strong potential for a variety of commercial uses permitted by Lake County. Buyers should verify zoning, permitted uses, and development requirements with Lake County as part of their due diligence.
5,159
Building sq ft
$252
Price / sq ft
4.35
Lot acres
1997
Year built
2
Buildings
CP
Zoning
Business
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,385/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
12,668
Population
$97,217
Median income
43.1
Median age
2.81
Avg household
$374,000
Median home value
$928/mo
Median rent
1,164
Households w/ kids
Recent sales
What actually sold near 24629 SORRENTO AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$260,000
31444 ORANGE STREET
1,530 sqft · $170/sqft · Sold Dec 18, 2025
$825,000
32511 COUNTY ROAD 437
2,303 sqft · $358/sqft · Sold May 4, 2026
$48,000
2200 HAAS ROAD
3,056 sqft · $16/sqft · Sold Apr 1, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 24629 SORRENTO AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 24629 SORRENTO AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of HANSON REAL ESTATE GROUP, INC. · Dana Bruns. MLS #G5109087.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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