CR 48

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Address: County Rd 48, Groveland, FL 34736, USA

Florida & Gulf Coast + Land/Development

Created date: January 30, 2024

Date last updated: August 21, 2024

Waterfront
333 Acre Clearwater Lake
Adjacent to 418 acres that is also for sale
Value is the lake combined with 418 adjacent acreage

Property Description

This is ideally an annexation parcel into the city of Leesburg which would provide utilities (water/sewer) and an expected SFR density of 3+du/acre. Lake County 91 ± Acres Waterfront Development Land is directly on Clearwater Lake and is adjacent to 418 ± acres also listed for sale. If combined with the larger development property to the west, the entire site will contain more than 500 ± acres increasing the value of the potential to develop. Located south of CR 33 and west of the Florida Turnpike in Lake County, Florida, and contiguous to the City of Leesburg on CR 48, 2 miles from the rapidly expanding "The Villages" (the largest single-family development in the United States ). Lake County 91 Acres Waterfront Development Land is 5.5 miles from the Florida Turnpike entrance at CR 470, with less than 1 hour to downtown Orlando and the Orlando International Airport. Under 10 minutes from Publix, Winn-Dixie, and Restaurants. The Villages are moving East, and have purchased and are developing properties to the South, West, and North, with two of the parcels just over a half-mile away from the subject property.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$3,000,000
Lot Size:	91.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here