Listing Agency: ASANO REAL ESTATE LLC L***@aol.com Show Phone

Listed By: Leslie Campasano · License #3097382 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Aug 20 Last Checked: Aug 22 at 8:29AM

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Investment Insights

Based on property information with market context.

This property features an acre and one-third of land that can potentially be split into two lots, with the possibility of creating four to five lots with a variance. The existing home on the property is considered to have no value due to its proximity to the planned widening of Highway 50. The front portion of the property has been purchased by the Department of Transportation. This property presents a development opportunity for a buyer.

Key Highlights

• Large 1.33‑acre lot suitable for development.
• Potential to split into 2 lots.
• Possible variance to create 4‑5 lots.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Parts Store Plumbing Service Hair Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Explore this area Business Placement

Demographics for 34736, FL

24,679

Population

10,029

Households

2.5

Avg Household Size

41

Median Age

32%

College-Educated

87%

High-School Grad

115.0 sq mi

ZIP Area

215

Density / Sq Mi

$82,478

Median Household Income

$42,322

Median Earnings

$1,535

Median Rent

$335,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Acre plus lot near Highway 50, development potential.

Where is this land located?

The property is located at 2101 STATE ROAD 50 Groveland, FL.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Large 1.33‑acre lot suitable for development.; Potential to split into 2 lots.; Possible variance to create 4‑5 lots.