Land - Real Estate in Leesburg
Listing Price: $545,000
Description of Property
This prime 2.68-acre Zoned R-3/High-Density Residential with 424 +/- feet of road frontage could potentially allow for the approval of up to 48 units, making it ideal for a multi-family or townhome project. The property is clear and ready for development, having previously housed a commercial building that was removed in 2009. The entire lot is high and dry with City of Leesburg utilities available at the street. Leesburg, FL, has experienced substantial growth, leading to increased demand for affordable housing. This demand is further fueled by several large employers situated near the property. The 48-unit apartment complex just to the west of this property is also available for purchase. This exceptional property presents a rare development opportunity you will not want to miss. Call today for more information!
Property Details At A Glance
Property Type: Land
City: Leesburg
County: Lake
Subdivision: Leesburg N C Lee Estate
Annual Tax: $10,484
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 2.68
Lot Size (sq. ft.): 116,741 square feet
Lot Dimensions: 424 x 276
Road Frontage: City Street
Current Adjacent Use: Multi-Family
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 231924110000000443
Zoning: R-3
Tax Legal Desc.: LEESBURG N C LEE ESTATE E 455 FT OF W 1367.05 FT OF LOT 4--LESS S 280 FT & LESS W 30 FT FOR RD R/W--PB 1 PG 75 ORB 4883 PG 1295
Section: 23
Range: 24
Listing courtesy of CARLINO REAL ESTATE GROUP INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
