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Investment Highlights

  • OPPORTUNITY ZONE

Executive Summary

“OPPORTUNITY ZONE!  2.63 Acre Parcel fully entitled with a CUP for 20 Units - Multi-Family.  Ideally located within walking distance of Leesburg Elementary School, Oak Park Middle School, Leesburg High School and Leesburg Regional Medical Center.  All City of Leesburg Utilities available which includes water/sewer/electric/gas.  Preliminary site plans have been done showing various layouts of the site.  Ideally located and within an Opportunity Zone. “ Additional land available also to add another 14-20 units possibly.
Concept Floor Plan for Duplexes ~ Total Square Footage is 1,938+/- Sq. Ft per building with each unit being 969+/- Sq. Ft. and each being a 2BR/1BA unit.

Property Facts

Price $319,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
Total Lot Size 2.63 AC
Opportunity Zone Yes
Zoning R-2 with CUP for 20 Units

1 Lot Available

Lot

Price $319,000
Price Per AC $121,292.78
Lot Size 2.63 AC

“OPPORTUNITY ZONE!"  2.63 Acre Parcel fully entitled with a Multi-Family CUP for 20 Units.  Ideally located within walking distance of Leesburg Elementary School, Oak Park Middle School, Leesburg High School and Leesburg Regional Medical Center.

Description

“OPPORUNITY ZONE!  2.63 Acre Parcel fully entitled with a CUP for 10 Duplexes/20 Units.  Ideally located within walking distance of Leesburg Elementary School, Oak Park Middle School, Leesburg High School and Leesburg Regional Medical Center.  All City of Leesburg Utilities available at site which includes water/sewer/electric/gas.  Preliminary site plans have been done showing various layouts of the site.  Ideally located and within an Opportunity Zone. “ Concept Floor Plan for Duplexes ~ Total Square Footage is 1,938+/- Sq. Ft per building with each unit being 969+/- Sq. Ft. and each being a 2BR/1BA unit.

Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
30/100
  • Listing ID: 16340203

  • Date on Market: 6/13/2019

  • Last Updated:

  • Address: Lucas St, Leesburg, FL 34748

Contact the Sale Advisor

Lucas St - Multi-Family Land - Entitled for 20 Units

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