15.48 acres which are proposed for development with 11, three-story (walk-up) apartment buildings and one clubhouse/leasing/activities building. The proposed development will contain 264 dwelling units (278,850 square feet NRA) and feature one, two and three-bedroom units. The subject site is part of a larger mixed-use development, that has frontage on Dixie Avenue and extends south to Clark Street. The larger development comprises 49.49 acres and will be developed with a 163-unit senior living facility, 105 room Marriott Town Place Suites hotel, 93,000 SF of medical office space, 20,000 SF of retail space, a 40,000 SF UF Health facility, and the subject’s 264-unit, Class A apartment complex. Much of the internal roads and infrastructure for the overall development is in place and the subject is essentially a pad-ready site. Sellers have decided to leave the construction and management to a seasoned expert and simply take an equity portion of the project. They are not looking for a cash sale.
- Price:
- $10,000,000
- Acreage:
- 15.48
- Listing ID #:
- MFRO6024378
- Street Address:
- Clark St
- City:
- Leesburg
- State:
- Florida
- Postal Code:
- 34748
- County:
- Lake
- Community:
- Leesburg
- Subdivision:
- Acreage & Unrec
- Listing Status:
- Active
- Listing Type:
- Land
- Conforms To Zoning:
- Pud
- Lot Square Footage:
- 1744142
- Road Type:
- Dirt
- Total Number Of Lots:
- 1
- Days On Market:
- 313
- On Market Date:
- 2022-05-10
- Originating Mls:
- Mfrmls
- Price Per Acre:
- 645995
- Property Taxes:
- $66,032
- Tax Year:
- 2021
- Utilities:
- Electrical Nearby, Water Nearby
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Mark Allen with COMMERCIAL REAL ESTATE PROF IN
-
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