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$300,000
Est. payment /mo
5.86 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID G5098327
HOA Y/N No
Annual Tax Amount $796
Lot Size 5.860 Acres
Acres 5.86
Lot Dimensions 321x
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Under contract-accepting backup offers. Nearly 6 Acres in the Expanding Leesburg Growth Corridor – PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg's rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region's increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City's Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities—buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.
Location
State FL
County Lake
Area 34748 - Leesburg
Zoning PUD
Exterior
Utilities Available Electrical Nearby, Electricity Available, Other, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
View Y/N No
Water Access No
Building
Lot Size Range 5 to less than 10
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Janice Patterson PATTERSON REALTY
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