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0 COUNTY ROAD 48 Leesburg, FL 34748
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Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,248 sqft
Price per Sqft $381
Subdivision Acreage & Unrec
MLS Listing ID G5036007
Sold Date 10/13/22
Construction Status Other Contract Contingencies
HOA Y/N No
Originating Board Stellar MLS
Year Built 1985
Annual Tax Amount $2,410
Lot Size 62.320 Acres
Acres 62.32
Property Description
Prime Development Property in one of Central Florida's fasting growing areas. With The Villages coming at warp speed this property is ready for development. App. 59 acres are annexed into the City Limits of Leesburg and is zoned for multiple uses. Commercial, Professional, Multi-family and Residential. Utilities and permitting from the City of Leesburg. The property starts at the corner of Hwy. 33 and Hwy.48, offering 450 +/- ft. on 33; 1,000 +/- ft. on 48 and 1155 ft. +/- on both sides of S. Quarters Road. Excellent location less than 10 minutes to the Fl. Turnpike Interchange and app. 10 minutes from Hwy. 27. With the permitting of mega project The Villages at West Lake, this property is in the corridor for fast and furious Development. The property is mostly cleared and all is high and dry. The current owners have Ag. exemption on the property to help with RE Taxes until ready to use. The property is producing some income and has potential for more.
Location
State FL
County Lake
Community Acreage & Unrec
Zoning MP
Interior
Cooling Office Only
Exterior
Waterfront false
Roof Type Metal
Building
Lot Description Corner Lot, City Limits, Paved
Story 1
Foundation Slab
Lot Size Range 50 to less than 100
Structure Type Metal Siding
New Construction false
Construction Status Other Contract Contingencies
Others
Ownership Sole Proprietor
Special Listing Condition None
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