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Property Type: Commercial Development, Land Investment, Multi-Family, Residential Development
Location: US Highway 27 S, Leesburg, Florida 34748
Price Per Acre: $106,667
PIN: 012124000100000100 (A portion of)
Zoning: FLU: Rural Transition
This property consists of 30 ± acres of high and dry land optimally designed and located for residential or multi-family development. There are multiple retirements communities both to the south and north of the property. The property benefits from strong amounts of visibility and exposure given by the 2,610 ± FT of frontage on US Highway 27.
The property is located just north of the Florida Turnpike Entrance (northbound entrance), and 2 miles West of the Southbound Turnpike Entrance (to Orlando), in an area of substantial existing retirement communities, and new home communities serving the Orlando Metro Area.
Description: Great opportunity residential or multi-family development
189 net estimated units
97 % uplands
Density: 8 DU/Ac
26,500 cars per day via US Highway 27
Water and sewer available - City of Leesburg