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CR 48 - Lake County 91 Acres Waterfront Development L

91 Acres of Agricultural Land Offered at $4,214,040 CAD in Groveland, FL 34736

Investment Highlights

  • Waterfront
  • Adjacent to 418 acres that is also for sale
  • 333 Acre Clearwater Lake
  • Value is the lake combined with 418 adjacent acreage

Property Facts

Price $4,214,040 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 91.00 AC

1 Lot Available

Lot

Price $4,214,040 CAD
Price Per AC $46,308 CAD
Lot Size 91.00 AC

Description

This is ideally an annexation parcel into the city of Leesburg which would provide utilities (water/sewer) and an expected SFR density of 3+du/acre. Lake County 91 ± Acres Waterfront Development Land is directly on Clearwater Lake and is adjacent to 418 ± acres also listed for sale. If combined with the larger development property to the west, the entire site will contain more than 500 ± acres increasing the value of the potential to develop. Located south of CR 33 and west of the Florida Turnpike in Lake County, Florida, and contiguous to the City of Leesburg on CR 48, 2 miles from the rapidly expanding "The Villages" (the largest single-family development in the United States ). Lake County 91 Acres Waterfront Development Land is 5.5 miles from the Florida Turnpike entrance at CR 470, with less than 1 hour to downtown Orlando and the Orlando International Airport. Under 10 minutes from Publix, Winn-Dixie, and Restaurants. The Villages are moving East, and have purchased and are developing properties to the South, West, and North, with two of the parcels just over a half-mile away from the subject property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 28-20-24-0002-000-01900
  • 21-20-24-0003-000-02000
Land Assessment
$676,252 CAD
Improvements Assessment
$0 CAD
Total Assessment
$676,252 CAD

zoning

Zoning Code AG
AG
  • Listing ID: 27848914

  • Date on Market: 2023-02-28

  • Last Updated:

  • Address: CR 48, Groveland, FL 34736

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