$4,950,000
$4,950,000
For more information regarding the value of a property, please contact us for a free consultation.
304 Acres Lot
SOLD DATE : 06/07/2024
Key Details
Sold Price $4,950,000
Property Type Vacant Land
Sub Type Pasture
Listing Status Sold
Purchase Type For Sale
MLS Listing ID G5045336
Sold Date 06/07/24
Construction Status Inspections,Other Contract Contingencies
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $677
Lot Size 304.000 Acres
Acres 304.0
Lot Dimensions 5350x2700
Property Description
Excellent opportunity for a PUD development on the 44 East West Corridor between Leesburg and Brownwood, The Villages. This subject parcel is comprised of 11 Parcels, Alternate Key numbers; 1035287, 1116546, 1171814, 1700001, 1772575, 2665106, 1171792, 1772541, 3458907 in Lake County and G25-001, G25-002 in Sumter County for a total of approximately 303.4 acres, per county records. Of these 303.4 Acres, approximately 269.3 acres are considered dry (but partially in flood zone A). The subject parcel has approximately 1,243' of highway frontage on 4 lane SR-44 with a traffic count of 20,500 AADT. This frontage is divided into an approximately 925' section and a 319' section. The subject also has 1320' of frontage on Whitney Rd (but not the corner, FDOT owns the corner retention pond at intersection of Whitney and 44). The subject parcel has a median cut at the intersection of Whitney and SR-44, and two median cuts / decel lanes along the 44 frontage. Two buildings exist on the property. Both fronting on SR 44. One on alt key 2665106 and is a 1971, 1,366 s.f home with a 1 car garage, per tax records. The other is a 1989 manufactured home of 641 square feet, 2 bed 1 bath, per tax records. Don't let this development opportunity pass you by. This would be a perfect spot for single family and multi family homesite development with commercial fronting SR-44. Property is located directly across 44 from Pennbrooke Fairways.
Location
State FL
County Lake
Zoning A
Exterior
Utilities Available Electricity Available
Building
Lot Size Range 200 to less than 500
Sewer Septic Tank
Water Well
Construction Status Inspections,Other Contract Contingencies
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with GO REALTY FL LLC
"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "