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    24939 County Road 33 Groveland, FL 34736

    For Sale
    $650,000

    Prime 10-acre lot near major shopping & Turnpike.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10.45-acre property in Groveland, Florida, presents a unique development opportunity. Approximately 9 acres are buildable, ideal for residential homesites, offering significant potential for a lucrative project. The land is strategically located near major shopping centers, including Publix and Winn-Dixie, ensuring convenient access to daily necessities for future residents. Its proximity to the Turnpike and US 27 provides excellent connectivity, facilitating easy commutes and travel. Adding to its appeal, the property is adjacent to Clearwater Reserve, a gated residential community, enhancing its desirability and potential value. Further enhancing the property's versatility is a 2000-square-foot barn equipped with electricity, offering immediate utility and potential for various uses. The location also benefits from its proximity to Leesburg and Clermont, offering residents access to a wider range of amenities and services. This property represents a compelling investment opportunity for developers seeking a prime location with significant buildable land and convenient access to major roadways and shopping. The existing barn adds further value and potential for immediate income generation or repurposing. The combination of location, size, and existing infrastructure makes this a truly exceptional opportunity in the thriving Groveland market. The property is zoned for residential development (buyer to verify). The listed acreage is approximate

    Property Features for 24939 County Road 33

    General Information

    Property type
    Specialty properties

    HighLights

    • 10.45‑acre development site in Groveland, FL, with approximately 9 acres buildable for residential homesites.
    • Excellent location near major shopping (Publix, Winn‑Dixie), US 27, and the Turnpike.
    • Adjacent to Clearwater Reserve gated community.
    • Includes a 2000 sq ft barn with electricity.
    • Zoned residential (buyer to verify).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Food Market Grocery Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groveland
    County
    Lake
    State
    Florida
    Longitude
    -81.8960565
    Latitude
    28.7083269

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    FAQs

    What type of property is this?
    Specialty property - Prime 10-acre lot near major shopping & Turnpike.
    Where is this specialty property located?
    The property is located at 24939 County Road 33 Groveland, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 10.45-acre development site in Groveland, FL, with approximately 9 acres buildable for residential homesites.; Excellent location near major shopping (Publix, Winn-Dixie), US 27, and the Turnpike.; Adjacent to Clearwater Reserve gated community.
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    24939 County Road 33 Groveland, FL 34736
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    Groveland, FL 34736
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24939 County Road 33 Groveland, FL 34736
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