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For Sale

Hooks St. Development Land

$2,500,000

Clermont, Florida

16.50 Acres

PROPERTY DETAILS

Property Type: Commercial, Commercial Development, Land Investment, Multi-Family, Residential Development

Location: 0 Hooks Street, Clermont, Florida 34711

County: Lake

PIN: 3815507, 1103908, 3801505

Zoning: UE - Urban Estate (Low Density Res)


The subject property is approximately 16.5 Acres in the heart of Clermont on Hook Street, next to East Ridge High School. Located just one block off of Hwy 50, this property’s best and highest use is for a residential or multifamily development;however, there are many other users that can benefit from this site such as educational institutions, large office users, and more.

Hook Street is now targeted by the city of Clermont for Multifamily development. Current multifamily density (townhomes and apartments) is 12 du/acre; with 30% workforce priced housing (apartments only) density can increase to 20 du /acre.

Description: Utilities: Water & Sewer (City of Clermont)
Taxes: $8,901 (2019)
8,600 cars/day via Hooks Street

Marvin Puryear

Senior Advisor

352.835.0106

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