By LAURA KINSLER | lkinsler@growthspotter.com | GrowthSpotter
PUBLISHED: November 14, 2023 at 8:00 a.m. | UPDATED: November 14, 2023 at 9:55 a.m.

Orlando real estate broker Daryl Carter has closed some massive land deals over his career, and this next one looks to be a blockbuster.

Carter’s Maury L. Carter & Associates has the exclusive listing for the Arnold Groves & Ranch, a 1,750-acre property in Lake County’s Wellness Way area. The site is home to the family-operated orange groves and cattle ranch and abuts the family’s tourist attraction on U.S. 27 known as the Showcase of Citrus, which is not a part of the sale. And it’s 5 miles west of Walt Disney World.

“It’s a smokin’ piece of real estate,” Carter told GrowthSpotter. “It’s world-class property, and there just aren’t that many properties like that close to Disney. So it’s gonna be quite a fun project to work on.”

Read entire article here: https://www.orlandosentinel.com/2023/11/14/legacy-citrus-grove-near-disney-hits-the-market/

Lake Nona’s master developer not only has a say in what happens next with the 60 acres it sold to The Walt Disney Co. (NYSE: DIS) for the theme park titan’s abandoned corporate campus project, but it also has a timetable for when it might get the land back.

A review of legal documents related to the September 2021 land sale between Burbank, California-based Disney and Tavistock Development Co. LLC shed some light on when Disney may have to resell all or part of its Lake Nona property in southeast Orlando to Tavistock as a result of it nixing plans to build a 1.8 million-square-foot office campus there.
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However, a company as well capitalized as Disney should be able to hold the land without much issue, said veteran Orlando land broker Daryl Carter of Maury L. Carter & Associates, who isn’t involved with the project. Executives likely will talk through a number of considerations as to what to do next — and when to do it, Carter told Orlando Business Journal.

Read entire article here: https://www.bizjournals.com/orlando/news/2023/05/24/disney-lake-nona-repurchase-triggers-revealed.html