Villa City Rd Groveland, FL undefined

This exceptional 61-acre parcel presents a remarkable waterfront development opportunity in Groveland, Florida. Boasting stunning lake views to both east and west, the property offers a unique blend of natural beauty, privacy, and convenient access to major roadways including Highway 50, Highway 27, and Florida's Turnpike. Currently zoned R-1, allowing for 12 residential homesites, the property's potential extends beyond this, with the possibility of achieving higher density. Its advantageous location directly abuts Groveland's city limits, presenting the potential for annexation. The surrounding area is experiencing significant growth, with a proposed Villa City Master Plan encompassing over 7,760 residential units, retail spaces, and industrial development, including 2,500,000 square feet of existing industrial space on Independence Boulevard. Lake County's robust economic expansion, driven by population growth and a strong job market, further enhances the investment potential. The property's central location between Mascotte, Clermont, Howey-in-the-Hills, and Leesburg provides easy access to various amenities and communities. The APN numbers are 30-21-25-0003-000-03000 and 30-21-25-0004-000-01900. This is a rare opportunity to capitalize on the burgeoning growth of Lake County and create a thriving residential community. Contact us for detailed information.