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Sumterline Rd. & Hwy 44 Rd 33.73 Acres of Residential Land Offered at $4,200,000 in Leesburg, FL 34748

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Investment Highlights

Villages nextdoor

City of Leesburg

Property Facts

Price	$4,200,000	Proposed Use	Multifamily Apartment Units Single Family Development Single Family Residence
Sale Type	Investment or Owner User	Total Lot Size	33.73 AC
No. Lots	1	Cross Streets	Alibrandi rd.
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.
Property Subtype	Residential
Zoning	Residental & Agri - The city of Leesburg is annexing the property as a residential neighborhood of Townhouse,Build to Rent,single family,self storage and mixed use.

Price	$4,200,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units Single Family Development Single Family Residence
Total Lot Size	33.73 AC
Cross Streets	Alibrandi rd.
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	Residental & Agri - The city of Leesburg is annexing the property as a residential neighborhood of Townhouse,Build to Rent,single family,self storage and mixed use.

1 Lot Available

Lot

Price	$4,200,000	Lot Size	33.73 AC
Price Per AC	$124,518.23

Price	$4,200,000
Price Per AC	$124,518.23
Lot Size	33.73 AC

The site is 33.5 acres with +- 23 acres usable. The city of Leesburg has a desire to have the property annexed an developed as a residential neighborhood of Townhouse, Build to Rent, single family or apartment.

Description

The city of Leesburg has a desire to have the property annexed an developed as a residential neighborhood of Townhouse,Build to Rent,Single Family or Townhouses. Vacate land that was formally a farm. The land has some variation of terrain. Survey, Topo & tree survey. Geo report and Clean sand Skink studies are in link.

Contact

Andy Bassler
Central Florida Land Brokers

Listing ID: 32541153
Date on Market: 7/22/2024
Last Updated:
Address: Sumterline Rd. & Hwy 44 Rd, Leesburg, FL 34748

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Sumterline Rd. & Hwy 44 Rd, Leesburg, FL for sale Aerial- Image 1 of 4 — Leesburg- FDOT

Sumterline Rd. & Hwy 44 Rd, Leesburg, FL for sale Aerial- Image 2 of 4 — Leesburg FDOT

Sumterline Rd. & Hwy 44 Rd, Leesburg, FL for sale Site Plan- Image 3 of 4 — BFR Leesburg concept plan

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Sumterline Rd. & Hwy 44 Rd

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