$220,000
$235,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Acres Lot
SOLD DATE : 04/30/2022
Key Details
Sold Price $220,000
Property Type Vacant Land
Sub Type Tree Farm
Listing Status Sold
Purchase Type For Sale
Subdivision Groveland Farms 23-22-24
MLS Listing ID OM636345
Sold Date 04/30/22
Construction Status No Contingency
HOA Y/N No
Annual Tax Amount $2,721
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 333'+/-x 630'+/-
Property Description
There is a Mobile Home- but it is in poor shape. The property had been previously used as a Palm Tree Nursery, There are existing Palm Trees on the property.The current zoning is AG, (1 dwelling per 5 acres). There are multiple Sylvester Palm Trees Planted on the property. Great location, only a couple of minutes from Hwy 50, close to Restaurants, Shopping, etc. There are adjoining residential properties that are currently zoned single family low density ( 4 units per acre), But the future land use map with the City of Mascotte show the adjoining properties as Residential Medium-Density (8 dwelling per acre) Residential, Multifamily. City Water line is nearby and City Sewer is 2400'+/- away. This property is also located in the Opportunity zone Program. The Opportunity zone is aimed at fostering economic development and job growth. See floridajobs at the State of Florida website. Great opportunity to develop this property for multi family or single family homes. This property is being Sold AS IS. There is a mobile home on the property, but No Real Value on the Mobile Home.
Location
State FL
County Lake
Community Groveland Farms 23-22-24
Zoning MF
Exterior
Utilities Available Electricity Available, Sewer Nearby, Water Connected
Building
Lot Description City Limits, Oversized Lot, Paved, Zoned for Horses
Lot Size Range 5 to less than 10
Sewer Septic Needed
Water Public
Construction Status No Contingency
Schools
Elementary Schools Groveland Elem
Middle Schools Gray Middle
High Schools South Lake High
Others
Pets Allowed Yes
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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