Welcome to an unparalleled investment opportunity, where the promise of growth meets pristine potential. Nestled in the heart of Leesburg, this expansive property boasts a great mix of Residential and Commercial use, presenting an exciting canvas for visionary development. A combined total of over 18 acres, the possibilities for development are plenty. With over 600 ft of frontage on US-27 and nestled within a vibrant community, it offers the perfect blend of accessibility and tranquility. Whether it's residential or commercial ventures, this location sets the stage for success.From residential neighborhoods to commercial complexes, the scope for creating thriving spaces is limitless. Imagine crafting a dynamic mixed-use development that caters to the diverse needs of the community, or sculpting a residential enclave that embodies modern living at its finest. Leesburg is not just a location; it's a destination on the rise. As one of Florida's burgeoning hubs, it offers a dynamic environment ripe for investment. With a growing population and a robust economy, the demand for quality real estate is on the upswing. Seize the opportunity to capitalize on this momentum and secure your stake in the future of Leesburg.Whether you're a seasoned developer or a visionary entrepreneur, this parcel of land beckons with the promise of possibility. Our team is here to support your vision every step of the way, from initial concept to final execution. Don't miss out on this extraordinary chance to shape the future of Leesburg. Contact us today to learn more about this exceptional property and unlock its full potential.
Property Details
Property Features
Listing Office:
Office Name: DOUGLAS ELLIMAN
Office Phone: (888) 883-8509
Listing Agent: Roberto Cardona, LLC
Virtual/3D Tour
Virtual Tour: 1712 Connell Rd
Virtual Tour
Lot Features
Lot Information:
Lot Size: 18.72 Acres
School Info
Assigned Schools Information:
Leesburg High School, Public District Grades 9-12
Lake Virtual Franchise, Public District Grades 6-12
Oak Park Middle School, Public District Grades 6-8
Leesburg Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Drive from Florida's Tpke to Lake County. Take exit 285 from Florida's Tpke. Follow US-27 N/US Hwy 27 N to Connell Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $3,400,000
Tax Information:
Annual Amount: $4,620
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Leesburg, FL.
This property is $3.1M more than the Median Sold Price in Leesburg, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6191407
Listing Office:
Office Name: DOUGLAS ELLIMAN
Office Phone: (888) 883-8509
Listing Agent: Roberto Cardona, LLC
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/2/2024, 12:19:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,620
$253,630
2019
$4,444
$239,070
2018
$4,376
$239,070
2017
$4,211
$229,025
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17K
Per Month
Principal & Interest
$16.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.2K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Leesburg Elementary School
2229 South St
Distance between this listing and this school1.92 miles
Public District Grades PK-5
Middle School
2
/10
Oak Park Middle School
2101 South St
Distance between this listing and this school1.96 miles
Public District Grades 6-8
High School
1
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school2.19 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school10.01 miles
Public District Grades 6-12
Assigned Schools
3
/10
Leesburg Elementary School
2229 South St
Distance between this listing and this school1.92 miles
Public District Grades PK-5
Nearby Schools
3
/10
Beverly Shores Elementary School
1108 Griffin Rd
Distance between this listing and this school3.75 miles
Public District Grades PK-5
4
/10
Fruitland Park Elementary School
304 W Fountain St
Distance between this listing and this school6.00 miles
Public District Grades KG-5
Assigned Schools
2
/10
Oak Park Middle School
2101 South St
Distance between this listing and this school1.96 miles
Public District Grades 6-8
Nearby Schools
3
/10
Carver Middle School
1200 Beecher St
Distance between this listing and this school3.60 miles
Public District Grades 6-8
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school8.98 miles
Public District Grades 6-8
Assigned Schools
1
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school2.19 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school10.01 miles
Public District Grades 6-12
Nearby Schools
4
/10
Tavares High School
603 N New Hampshire Ave
Distance between this listing and this school10.00 miles
The neighbors living near this home have an average income of $29,759. The majority of Leesburg, FL residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1712 Connell Rd
What is the listing price of this property?
The listing price of 1712 Connell Rd property is $3,400,000.
What type of property is this?
The property 1712 Connell Rd is land located in Leesburg, Florida, 34748.
Is this property for sale now?
Active Listing: 1712 Connell Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1712 Connell Rd are: Leesburg Elementary School: GreatSchools Rating 3/10Oak Park Middle School: GreatSchools Rating 2/10Leesburg High School: GreatSchools Rating 1/10Lake Virtual Franchise: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,620 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1712 Connell Rd in Leesburg, FL and zip code 34748. This home sits on a 18.72 acre lot. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $3,400,000.
Leesburg, FL housing market in April 2024 saw over 14 listings sold above listed price, more than 21 sold at listed price and over 76 sold below. In April 2024 in Leesburg, FL there were 1.8% less homes for sale than in March 2024. While the average time on the market in April 2024 was 63 days, the median list price was $298,420.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Figure Skating
Figure Skating
Pro Wrestling
Extreme Sports
Stein Mart
Kmart
Wal-Mart
Bob Evans
Sonic
Little Caesars
Buick
Oldsmobile
Chevrolet
Adult Standards
Oldies