2 months on rocket

911 County Road 48, Groveland, FL, 34736

$5,500,000

56.03 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #G5078946
Lot Size56.03 Acres
StatusActive

About 911 County Road 48

56 + acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property. Subject property is convenient to Fl. Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin Merritt Rd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Property Details

Property Features

Listing Office:

  • Office Name: AKIN REALTY COMPANY
  • Listing Agent: Fran Dann-Akin

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 56.03 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: From Okahumpka go south on CR 33/48, turn right onto CR 48 and continue south. Go under Florida Turnpike and property will be on the right before N Austin Merritt Road. Look for signage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000

Tax Information:

  • Annual Amount: $1,051
  • Tax Year: 2020
House and calculator

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 Groveland, FL.

Med. Sold Price

$385.9K

Med. Price/SqFt

$206

Avg. Days On Market

72

# of Sold Homes

37

911 County Road 48 vs Groveland

60 DAYS ON ROCKET

-12 Days

$5,500,000

+$5.1M More

KEY TAKEAWAY

This property is $5.1M more than the Median Sold Price in Groveland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5078946

Listing Office:

  • Office Name: AKIN REALTY COMPANY
  • Listing Agent: Fran Dann-Akin

IDX 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.

IDX 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: 4/27/2024, 2:19:41 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

YEARPROP. TAXASSESSMENT
2020$1,051$44,125
2019$1,057$44,055
2018$1,029$43,786
2017$951$41,159

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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

school-card-donut-1336103
3
/10
  • Leesburg Elementary School

  • 2229 South St

  • 7.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1336104
2
/10
  • Oak Park Middle School

  • 2101 South St

  • 7.70 miles

  • Public District Grades 6-8

High School

school-card-donut-1336105
1
/10
  • Leesburg High School

  • 1401 Yellow Jacket Way

  • 8.05 miles

  • Public District Grades 9-12

school-card-donut-1336106
4
/10
  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 15.04 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,915. Typical income of Groveland, FL residents is less than $35k annually. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 911 County Road 48

What is the listing price of this property?

The listing price of 911 County Road 48 property is $5,500,000.

What type of property is this?

The property 911 County Road 48 is land located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 911 County Road 48 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 911 County Road 48 are:
Leesburg Elementary School: GreatSchools Rating 3/10
Oak Park Middle School: GreatSchools Rating 2/10
Leesburg High School: GreatSchools Rating 1/10
Lake 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 $1,051 (source: MLS/based on county public records data).

How much acreage is this property?

The property 911 County Road 48 is 56.03 acres.
Rocket Homes logo

Interested in 911 County Road 48? Let's connect.

Let Us Contact You

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.


Rocket HomesFloridaLake CountyGroveland34736911 County Road 48

This home is located at 911 County Road 48 in Groveland, FL and zip code 34736. This home sits on a 56.03 acre lot. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $5,500,000.

Groveland, FL housing market in March 2024 saw over 3 listings sold above listed price, more than 6 sold at listed price and over 28 sold below. In March 2024 in Groveland, FL there were 1% less homes for sale than in February 2024. The median list price of listings available in March 2024 was $385,971, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources