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32235427
32235426

West Oak Terrace Drive, Leesburg, FL 34748

JM
Carlino Real Estate Group Inc
Listed by Carlino Real Estate Group Inc
$475,000
33 days on market
Updated 33 days ago

West Oak Terrace Drive

Details
Property Type Land
Acreage 2.680
Zoning R-3

2.68-acre Zoned R-3/High-Density Residential

Marketing 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!

Listing Contacts

JM
Carlino Real Estate Group Inc
Listed by Carlino Real Estate Group Inc

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