$425,000
$495,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
4.85 Acres Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $425,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Groveland Farms 15-22-25
MLS Listing ID G5068356
Annual Tax Amount $1,617
Lot Size 4.850 Acres
Property Description
REDUCED! Owner Motivated to SELL! 5 acre lake front parcel rezoned to Mixed Use Zoning consisting of Residential, Retail, Restaurant, Office. Located in the city of Groveland's Village Core & Edge planning district. This parcel is right off the Coast to Coast Bike trail and minutes from the major growth corridor of SR -50. Perfect for yoga studio, coffee cafe, apartments, live work area right off the coast to coast bike trail.
Current survey attached shows a mobile home and sheds. The lot was cleared and is currently vacant land. There is well, septic and electric in place. Groveland City sewer and water are available to connect at the street entrance to the property.
The Groveland Comprehensive Plan was a vision-based amendment for the City of Groveland, a historically rural community trying to balance it’s ‘Natural Charm’ with its adjacency to the fast-growing Orlando Metropolitan Area. In a response to the pressures
of suburban sprawl, the City of Groveland made the decision to plan for the development that was coming, and to envision how that development could enhanced the rolling hills and picturesque swamps of this growing City in Central Florida. The Groveland
Comprehensive Plan requires that new developments provide a sustainable mix of housing types, with non-residential components, amenities and Open Spaces. To achieve this balance of nature and development, the plan creates three distinct community
types: Towns, Villages, and Hamlets. Great Opportunity!
Location
State FL
County Lake
Community Groveland Farms 15-22-25
Zoning MIXED USE
Exterior
Utilities Available Electricity Available, Fire Hydrant, Private, Sewer Available, Sewer Nearby, Utility Pole, Water Available, Water Nearby
Waterfront Description Lake
View Y/N 1
Water Access 1
View Trees/Woods, Water
Building
Lot Description Buildable, City Limits, Sidewalk, Urban, Wetlands, Wooded
Sewer Septic Tank
Water Well
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with SCATES REALTY & INVESTMENT PRO