G3 Development Acquires Last Vacant Waterfront Property in Downtown Area

The only substantial piece of empty property in downtown Mount Dora has been sold to developers after sitting unused for 18 years in the hands of an insurance company. Welcome to the beginning of the gold rush, thanks to the Wekiva Parkway. The property, called Pineapple Point, is 4.3 wooded acres on Lake Dora that the Great American Life Insurance Company bought in 1998 for slightly more than $2 million.