W Oak Terrace Drive, Leesburg, FL 34748
- $475,000
- List Price
- $475,000
- Status
- Active
- Days on Market
- 0
- MLS#
- G5116812
- Lot Size
- 116,741
- Acres
- 2.68
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Leesburg N C Lee Estate
- MLS Area Major
- Leesburg
Property Description
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!
/u.realgeeks.media/dahliarealtygroup/Logo_1-min.png){kind=logo}
Additional Information
- Taxes
- $10484
- Community Features
- No Deed Restriction
- Zoning
- R-3
- Utilities
- Sewer Nearby, Water Nearby
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 23-19-24-1100-000-00443
- Legal Description
- 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
Listing courtesy of CARLINO REAL ESTATE GROUP INC. 352-326-2662
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on