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- LoopNet Team
SR 19 & US Hwy 27
Groveland, FL 34736
Multifamily Opportunity · Land For Sale
·
17.50 AC
INVESTMENT HIGHLIGHTS
- 17.5 +/- AC Multifamily Opportunity In South Lake County
- Buyer Will Only Need To Submit Site Development Plans With Approvals At Staff Level
- Zoning & FLU In Place For Up To 396 +/- units
- 18+/- AC Of Commercial Retail To Be Developed Within Walking Distance
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 17.50 AC |
| Zoning | P-D - Planned Development | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 17.50 AC |
| Zoning | P-D - Planned Development |
DESCRIPTION
Groveland Square is a 161 +/- acre development located in South Lake County which is the third fastest-growing county in the State of Florida. The Master Development includes Multifamily, Single-Family, Build-To-Rent, and Commercial. The Future Land Use and Zoning allows for a density of 9 du/ac throughout the entire site with a blending of densities. The Preliminary Plat was unanimously approved by Groveland City Council on December 12th, 2022. The available MF opportunity already has Zoning & FLU in place which allows for up to 396 MF units. The Buyer will only need to submit SDP's which are approved at the staff level with no public hearings.
PROPERTY TAXES
| Parcel Number | 21-21-25-0004-000-01600 | Improvements Assessment | $0 |
| Land Assessment | $1,067,805 | Total Assessment | $1,067,805 |
PROPERTY TAXES
