W OAK TERRACE DR, Leesburg, FL 34748
W OAK TERRACE DR, Leesburg, FL 34748
W OAK TERRACE DR, Leesburg, FL 34748
W OAK TERRACE DR, Leesburg, FL 34748
W OAK TERRACE DR, Leesburg, FL 34748
W OAK TERRACE DR, Leesburg, FL 34748
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$ 475,000
Est. payment | /mo

2.68 Acres Lot


$ 475,000
Est. payment | /mo

2.68 Acres Lot

Key Details

Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Leesburg N C Lee Estate

MLS Listing ID G5116812

HOA Y/N No

Annual Tax Amount $10,484

Lot Size 2.680 Acres

Acres 2.68

Lot Dimensions 424x276

Property Sub-Type Multi Family

Source Stellar MLS

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

View Y/N No

Water Access No

Building

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5116812

Stellar MLS
Listed by Jonathan Martin CARLINO REAL ESTATE GROUP INC

Schools and Properties Nearby

Take a Closer Look

W OAK TERRACE DR

Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

Learn More About LPT Realty

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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