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Improved Property

6.9% CAP on Present Income - LM Warehouse

3801 S. Duncan Drive, Tavares, Florida 32778

Sold: $1,500,000
$63.91 / SF
Updated Oct 1, 2026
Categories Grade Level

About this property

23,470 sq. ft. steel reinforced concrete block, clear span, waterfront, light manufacturing warehouse in America's Seaplane City. Fully leased to Progressive Aerodyne, creator and maker of the 2 seater SeaRey seaplane. Built in 2006, this was originally home to a custom pontoon boat maker. The current tenant has been here for 11 years and is very satisfied with the location and facility and has expressed a desire to stay long term with a new Landlord.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
23,470 sqft
Land Size
15 acres
Sewer
City
Water
City
Zoning
LM
Electric
Duke
Year Built
2006
Roof
Metal
Parking
Onsite
Lake Idamere
Designated seaplane lake
Construction
Block, clear span

Documents 7 files

3801-Duncan-detail.pdf 157 KB
3801-Duncan-aerial.pdf 511 KB
Progressive-Aerodyne-site-plan.pdf 764 KB
3801-Duncan-parcel-map.pdf 275 KB
PAERODYNE-BLDG-PLANS.pdf 8.5 MB
3801-Duncan-desription.pdf 11.4 MB
3801-Duncan-esri-closeup.pdf 11.7 MB

Last updated: Oct 1, 2026

Location

Address
3801 S. Duncan Drive
Tavares, Florida 32778
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.