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Lucas St - Multi-Family Land - Entitled for 20 Units 2.63 Acres of Residential Land Offered at $319,000 in Leesburg, FL 34748

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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	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Hold For Development
No. Lots	1	Total Lot Size	2.63 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 with CUP for 20 Units

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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 with CUP for 20 Units

1 Lot Available

Lot

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

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.

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