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,W OAK TERRACE DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
29
Oct
Thu
30
Oct
Fri
31
Oct
Listed by
Bought with
$ 545,000
Est. payment | /mo

2.68 Acres Lot


$ 545,000
Est. payment | /mo

2.68 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Subdivision Leesburg N C Lee Estate

MLS Listing ID G5099161

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

Under contract-accepting backup offers. 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

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/G5099161

Stellar MLS
Katherine Sakkis

I have been selling all types of real estate since 1991. My consistent ranking in the top 5% of the nation among my peers, speaks to my level of expertise and dedication. I strive to stay on top of the latest trends and techniques in the constantly evolving world of real estate and offer the best customer service possible.

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

W OAK TERRACE DR