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W OAK TERRACE DRIVE

Lots/Land Active With Contract
$545,000

BTC: 18.16666667

ETH: 272.50000000

117 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. 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!

Location

Florida • LEESBURG • 34748 • Lots/Land • Active With Contract

Facts and features

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
2.68 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 2.68 Acres

    Other Property Information

    • Parcel Number: 231924110000000443

    • Zoning: R-3

  • Type and style

    • Property Type: Land

  • Utility

    • Sewer Nearby

    • Water Nearby

  • Other financial information

    • Annual tax amount: $10,484

  • Source details

    • MLS ID: G5099161

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 424 x 276

    • Subdivision Name: LEESBURG N C LEE ESTATE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CARLINO REAL ESTATE GROUP INC