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911 Fl-48

56 Acres of Commercial Land Offered at $4,500,000 in Groveland, FL 34736

Investment Highlights

  • Surrounded by The Villages Expansion Areas.
  • At County Road 48, South of Hwy 470.

Executive Summary

56+ acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property. Subject property is convenient to Florida Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin Merritt Rd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Property Facts

Price $4,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 56.00 AC

1 Lot Available

Lot

Price $4,500,000
Price Per AC $80,357
Lot Size 56.00 AC

56+ acres adjoining The Villages expansion area by 3 property boundaries.

zoning

Zoning Code AG
AG
  • Listing ID: 20670326

  • Date on Market: 7/19/2019

  • Last Updated:

  • Address: 911 Fl-48, Groveland, FL 34736

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