This approximately 21-acre property is zoned for both C-3 and R-2 uses and is approved for a potential development of 226 multi-family and commercial units. City utilities are available, and the property boasts approximately 600 feet of frontage on US Highway 27 and about 1,600 feet of frontage on County Road 25A. The land consists of two parcels located in Leesburg, which are being sold together. Conveniently situated less than one hour from Orlando, this property is at the heart of Central Florida, just minutes away from The Villages, the Florida Turnpike, and I-75.
Financial Considerations
Price:
$6,780,000
HOA Fee:
N/A
Tax Amount:
$21116.44
Price per SqFt:
$7.41
Tax Legal Description:
FROM SE COR OF NE 1/4 RUN S 89DEG 52MIN W 800.48 FT N 8DEG 48MIN E 110.43 FT FOR POB RUN N 8DEG 48MIN E 529.21 FT S 80DEG 37MIN E 521.8 FT SW'LY ALONG HEY 798.93 FT TO POB ORB 5607 PG 1126