Address
Sr 44, LEESBURG, FL
Price
$ 4,950,000
Property Attributes
  • MLS#G5045336
  • TypePending
  • CountyLAKE
  • CityLEESBURG
  • AreaLeesburg
  • Zip34748
  • Style
  • Taxes$ 677
  • Price$ 4,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size304 Acres
Data Source:
Stellar MLS
Property Description

Excellent opportunity for a PUD development on the 44 East West Corridor between Leesburg and Brownwood, The Villages. This subject parcel is comprised of 11 Parcels, Alternate Key numbers; 1035287, 1116546, 1171814, 1700001, 1772575, 2665106, 1171792, 1772541, 3458907 in Lake County and G25-001, G25-002 in Sumter County for a total of approximately 303.4 acres, per county records. Of these 303.4 Acres, approximately 269.3 acres are considered dry (but partially in flood zone A). The subject parcel has approximately 1,243' of highway frontage on 4 lane SR-44 with a traffic count of 20,500 AADT. This frontage is divided into an approximately 925' section and a 319' section. The subject also has 1320' of frontage on Whitney Rd (but not the corner, FDOT owns the corner retention pond at intersection of Whitney and 44). The subject parcel has a median cut at the intersection of Whitney and SR-44, and two median cuts / decel lanes along the 44 frontage. Two buildings exist on the property. Both fronting on SR 44. One on alt key 2665106 and is a 1971, 1,366 s.f home with a 1 car garage, per tax records. The other is a 1989 manufactured home of 641 square feet, 2 bed 1 bath, per tax records. Don't let this development opportunity pass you by. This would be a perfect spot for single family and multi family homesite development with commercial fronting SR-44. Property is located directly across 44 from Pennbrooke Fairways.

Price History
8/10/2021 Listed $4,950,000

General Features

Sewer Septic Tank
Utilities Electricity Available
Zoning A
Tax Year 2021
Current Use Pasture
Percent Ownership Fee Simple
County Lake
Property Type Land
Facing Direction North
Status Pending
Directions From SR 44 and Morse Blvd,Head East in toward Leesburg from Brownwood. Property is on your right at the corner of South Whitney Rd and SR 44.
City LEESBURG
Buyer Agent Compensation 2.5%
MLS Area 34748 - Leesburg
Lot Size Square Feet 13216104
Waterfront Y/N No
Street Name Sr 44
Tax Annual Amount 677.79
Public Remarks Excellent opportunity for a PUD development on the 44 East West Corridor between Leesburg and Brownwood,The Villages. This subject parcel is comprised of 11 Parcels,Alternate Key numbers; 1035287,11
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5045336
Days on Market 123
Standard Status Pending
Tax Lot 0000
Legal Description N 1/4 ORB 1783 PG 0166

Interior Features

Living Area Units Square Feet

Exterior Features

Water Source Well
Lot Size Area 303.4
Lot Dimensions 5350 x 2700
Lot Size Acres 304
Road Surface Type Asphalt
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 34748

Price
AVG $360K
$4.95M
Taxes
AVG $2,264
$677
Visits
AVG 487
1309
Data Provided by Inside Real Estate®

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