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!
Property Features
Property Type: Land - Multiple
Lot Size: 2.68 Acres
Taxes: $10,484
Feature Descriptions
Days on Site: 291
Directions: From the turnpike head north on Hwy 27, turn right on Dixie Ave, Left on N Canal St, left on Hwy 441, right on 3rd st , and a left on Oak Terrace Dr.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 2.68
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Sewer Nearby, Water Nearby
Water: Public
Water Access Y/N: No
Zoning: R-3
Listed By / Shown By
Listed By
Agency Name: CARLINO REAL ESTATE GROUP INC
Agency Contact: 352-326-2662
Shown By
Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,414.07 per month $2,401.86 Principal & Interest $873.67 Property Tax $138.54 Homeowner's InsuranceChange Payment Information
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W Oak Terrace Drive | MLS# G5099161
This land located at W Oak Terrace Drive, Leesburg, FL 34748 is currently listed for sale with an asking price of $475,000. The property has approximately 2.68 Acres. Search Leesburg real estate on www.myhouseofwindsor.com today.