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- LoopNet Team
0 CR 44
Grand Island, FL 32735
Vacant Land for Multifamily · Land For Sale · 5.80 AC
Investment Highlights
- Excellent CR 44 frontage and access
- Flood Zone X, completely high and dry
- Lake Eustis access is a 4.5-mile commute South for fishing, boating, jet skiing and family gatherings
- Ideal property for investors looking to build a 12-unit residential subdivision, multi-family new development or a family estate site
- Residences can experience rural life, yet still easily access the flourishing cities of Eustis, Umatilla and Leesburg
- Property is located 27 miles East of exit 329 from Interstate 75
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 5.80 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 5.80 AC |
Description
Brokers, Seller is Calling all Developers, Investors, Contractors and Builders. Come view this RESIDENTIAL DEVELOPMENT OPPORTUNITY!!!! Incredible 5.8 acres- for sale in Lake County, FL! Prime, R-6 zoning of residential acreage is level, high and dry and perfect for a multitude of construction projects such as multi-family housing to include duplexes, tri-plexes and quad-plexes. Also, a large, single- family dream home site could be ideal. Or an investor looking to get in on the development of this flourishing area may sub-divide the site, then selling the lots for a quick profit. Another option which is the highest and best use for this site, would be for a single-family home subdivision of 12 units. The proposed subdivision has been plotted and named Pinewood Estates Subdivision. In the immediate neighborhood, the land use consists primarily of residential homes with the City of Eustis water and gas servicing the residents in this area. There are also many residential communities and subdivisions nearby bringing the daily vehicle count for the intersection of County Road 44 and S. Fish Camp Road to 10,700 per day. This residential development site is excellent and is one of the last large land parcels in this immediate Area. There’s new development and expansion happening in all directions. Owner says bring offers. Some financing available. Call today for site Information.
PROPERTY TAXES
| Parcel Number | 32-18-26-0002-000-03100 | Improvements Assessment | $0 |
| Land Assessment | $245,630 | Total Assessment | $245,630 |
PROPERTY TAXES
zoning
| Zoning Code | R-6 |
| R-6 |
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