W OAK TERRACE DR new Save Request In-Person Tour Request Virtual Tour
Leesburg,FL 34748
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Leesburg N C Lee Estate
MLS Listing ID G5099161
Annual Tax Amount $10,484
Lot Size 2.680 Acres
Property Sub-Type Multi-Family
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!
Location
State FL
County Lake
Community Leesburg N C Lee Estate
Area 34748 - Leesburg
Zoning R-3
Exterior
Utilities Available Sewer Nearby,Water Nearby
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5099161