Daryl Carter-led investment group purchases 345-acre lakefront property in Tavares | GrowthSpotter

November 18, 2025

An investment group led by Maury L. Carter & Associates has acquired 345± acres of lakefront property in Tavares for $5 million in cash. The land sits along Little Lake Harris and near the proposed new Lake County Fairgrounds, positioning the site as a significant long-term opportunity for future economic growth.

President Daryl Carter described the property as a “blank canvas,” noting that the team will collaborate with local leaders, businesses, and residents to guide a thoughtful, community-oriented development plan. While options remain open, early considerations include uses that complement the fairgrounds and support the region’s renowned bass-fishing tourism, potentially incorporating amenities such as lodging, boat facilities, or low-impact lakefront features.

The land will continue agricultural operations while planning efforts progress. The project reflects MLC’s decades-long history of shaping Lake County’s growth, including facilitating landmark transactions such as the 2,321-acre Wellness Way sale to GT USA and the family’s long-standing contributions to regional institutions and infrastructure.

Past MLC Projects in Lake County

Skytop Tract Donation (1995)
– Donated 40 acres of the family’s 1,257-acre Skytop property for the future Lake Sumter State College, supporting long-term education and workforce development in the region.

Wekiva Sulphur Springs 6,093 Conservation Sale
– Maury Carter led investment group owned a property they sold to the state for permanent conservation and preservation that is now a part of the Wekiva parks

Biggest Land Sale in Lake County History (2024)
– Worked with the Arnold and Roper families to facilitate the sale of 2,321 acres in the Wellness Way corridor to GT USA for $165 million.
– Combined Arnold Groves & Ranch (1,769 acres) and the Roper property (552 acres) into a single master-planned community—Panther Run.
– Executed by Daryl Carter and his son, Conrad Carter, alongside Roper Real Estate.

Read the full article here: GrowthSpotter

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