$545,000 for Sale
w oak terrace drive , leesburg, FL 34748
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!
General Information
Sale Price: $545,000
Price/SqFt:
Status: Active
MLS#: G5099161
City: leesburg
Post Office: leesburg
County: Lake
Subdivision: leesburg n c lee estate
Acres: 2.68
Lot Dimensions: 424 x 276
Size:
Acreage: 2.68 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $10,484
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
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jonathan Martin of CARLINO REAL ESTATE GROUP INC, Phone: 352-326-2662
