DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 8618 N Silver Lake Road, Leesburg FL 34788. The subject property is a 19.46 net acres multifamily development site approved for 256 units in a 2-story wood frame development with surface parking. The site is within the Northwest Orlando multifamily Submarket and per Costar, this submarket has absorbed 2,100 multifamily units in 2024 with only 1,500 units delivered in the same period. Vacancy has improved by 4% in that period. With only 1,400 units still under construction at year end, the market is poised for continued positive momentum.