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SOLD: Lake County Residential Acreage on Highway 27

$9,900,000

Clermont, Florida

380 Acres

PROPERTY DETAILS

Property Type: Land Investment, Residential Development

Location: US 27, Clermont, Florida 34714

County: Lake


Beautiful property with 380 +/- acres of rolling hills and trees. Land cover includes planted pines, water features, hammock land, and sandy well-drained soils. The property therefore incurs significantly reduced ad valorem taxes due to its agricultural property tax classification. There is over 1,000 FT of road frontage and access to US 27. The property is entitled with a PUD approval for 653 dwellings. This is a great location for residential development with Walt Disney World within 10 miles of the property and shopping, restaurants, and amenities close by!

Description: Land Cover: Planted pines, water features, hammock land Soils: Sandy well-drained soils, predominately Immokalee, Tavares, and Candler Sands

Driving Directions: • Take I-4 exit 55 and go north on US 27 • Entrance to property is adjacent to fruit stand located at 2700 US 27

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