Bargrove Sells 189 Acre Residential Development Site in Mount Dora

On Monday (8/31/2020), Bargrove LLC sold the entire site to HFB Bargrove, LLC, an affiliate of Hanover Capital Partners, for $5,200,000.00.

The sites, located at 5131 N. Orange Blossom Trail, and 4950 Cemetary Road in Mount Dora, was last sold in 2015 for $1,700,000.00.

During Bargrove LLC's ownership, sought approvals from the County to subdivide the property to construct up to 189 single-family homes on 85-foot-wide lots.

Chirag B. Kabrawala, Esq.

www.CBKLawGroup.com

www.TransactOrlando.com