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Land Adjoining The Villages Expansion
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911 FL-48, Groveland, FL 34736

56+ acres near The Villages expansion with development potential.

Property SizeContact for details
Lot Size56.00 Acres
Days on Market1418

Property Features for 911 FL-48

General Information

Standard status Active
Lot size 56.00 Acres
Property subtype Land
Zoning AG
Listing Agency: Akin Realty Company
Listed By: Fran Akin · License #BK544440
Source: Crexi
Added: Oct 5, 2022 Changed: Aug 8 Last Checked: Aug 21 at 9:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Akin Realty Company

Investment Insights

Based on property information with market context.

This property comprises over 56 acres and is adjacent to The Villages expansion area along three property boundaries. The Villages is currently seeking entitlements from the City of Leesburg for a 4,200-acre expansion known as "Secret Promise" on the adjoining property. The land is conveniently located near the Florida Turnpike and I-75, situated off County Road 48, just south of Highway 470 and north of Austin Merritt Road. While currently designated as agricultural land, the City of Leesburg has utilities nearby and is open to annexation and entitlements for future development. The property includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Key Highlights

  • 56+ acres adjoining The Villages expansion area on 3 property boundaries.
  • The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property.
  • Convenient location to Florida Turnpike & I‑75.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 56+ acres near The Villages expansion with development potential.
Where is this land located?
The property is located at 911 FL-48 Groveland, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 56+ acres adjoining The Villages expansion area on 3 property boundaries.; The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property.; Convenient location to Florida Turnpike & I‑75.
(352) 266-7795 Call to check price and availability
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