An opportunity to purchase 169-acres of the Tara Oaks PUD consisting of a mix of commercial and residential acreage. The property is located within the City of Leesburg limits, part of the Orlando-Kissimmee-Sanford MSA, and is minutes from US Hwy 441, CR44, shopping centers, and medical facilities, making it ideal for both commercial and residential development. The property consists of 49 commercial acres approved for up to 245,000sqft allowing for a wide range of uses, 327 single family detached lots, and 160 townhouse lots. A portion of the development has already secured some permits, streamlining the development process and saving you valuable time and resources. Take advantage of the head start and move forward with your plans more swiftly. Other portions of the project are fully engineered and just awaiting permits. The development is designed to create a picturesque neighborhood with single-family homes, townhouses, and a commercial complex and town center, while preserving the natural beauty of the surrounding landscape. Key utilities such as water, electricity, gas, re-use water, and sewer, are available to the property, simplifying the infrastructure requirements for the development. There is an established CDD on the property. All information is believed to be correct and accurate but not guaranteed or warranted and subject to change without notice. Cattle on property - do not enter without listing agent.
Property Details
Property Features
Listing Office:
Office Name: NEMER REAL ESTATE, LLC
Office Phone: (352) 870-8772
Listing Agent: Silvia Moukhtara Nemer
Lot Features
Lot Information:
Lot Size: 169.00 Acres
School Info
Assigned Schools Information:
Leesburg High School, Public District Grades 9-12
Lake Virtual Franchise, Public District Grades 6-12
Carver Middle School, Public District Grades 6-8
Fruitland Park Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From the intersection of CR468 and Lewis Road, head west of Lewis Road. Property is directly across from the entrance to the Lake Myrtle Shores subdivision.
Price Information
Listing Price Info
Price Summary:
List Price: $27,040,000
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Housing Market Comparison
See how this home compares to others in Leesburg, FL.
This property is $26.7M 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: #GC516326
Listing Office:
Office Name: NEMER REAL ESTATE, LLC
Office Phone: (352) 870-8772
Listing Agent: Silvia Moukhtara Nemer
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 5/2/2024, 11:19:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 11, 2016
Jul 11, 2016Home Sold
$275,000
Sep 11, 2003
Sep 11, 2003Home Sold
$43,000
Sep 03, 1997
Sep 03, 1997Home Sold
$40,000
History based on county public records data.
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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
4
/10
Fruitland Park Elementary School
304 W Fountain St
Distance between this listing and this school2.51 miles
Public District Grades KG-5
Middle School
3
/10
Carver Middle School
1200 Beecher St
Distance between this listing and this school2.15 miles
Public District Grades 6-8
High School
1
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school2.73 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school12.22 miles
Public District Grades 6-12
Assigned Schools
4
/10
Fruitland Park Elementary School
304 W Fountain St
Distance between this listing and this school2.51 miles
Public District Grades KG-5
Nearby Schools
3
/10
Leesburg Elementary School
2229 South St
Distance between this listing and this school2.63 miles
Public District Grades PK-5
3
/10
Beverly Shores Elementary School
1108 Griffin Rd
Distance between this listing and this school2.83 miles
Public District Grades PK-5
Assigned Schools
3
/10
Carver Middle School
1200 Beecher St
Distance between this listing and this school2.15 miles
Public District Grades 6-8
Nearby Schools
2
/10
Oak Park Middle School
2101 South St
Distance between this listing and this school2.68 miles
Public District Grades 6-8
3
/10
Tavares Middle School
1335 Lane Park Cutoff Ofc
Distance between this listing and this school12.13 miles
Public District Grades 6-8
Assigned Schools
1
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school2.73 miles
Public District Grades 9-12
4
/10
Lake Virtual Franchise
201 W Burleigh Blvd
Distance between this listing and this school12.22 miles
Public District Grades 6-12
Nearby Schools
2
/10
Wildwood Middle/ High School
700 Huey St
Distance between this listing and this school6.44 miles
The neighbors living near this home have an average income of $48,925. Typical income of Leesburg, FL residents is between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Lewis Rd
What is the listing price of this property?
The listing price of Lewis Rd property is $27,040,000.
What type of property is this?
The property Lewis Rd is land located in Leesburg, Florida, 34748.
Is this property for sale now?
Active Listing: Lewis 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 Lewis Rd are: Fruitland Park Elementary School: GreatSchools Rating 4/10Carver Middle School: GreatSchools Rating 3/10Leesburg High School: GreatSchools Rating 1/10Lake Virtual Franchise: GreatSchools Rating 4/10
When was this property sold last time and for how much?
The last sale was on July 11, 2016 for $275,000. (source: MLS/tax record).
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This home is located at Lewis Rd in Leesburg, FL and zip code 34748. This home sits on a 169.00 acre lot. It has been listed on Rocket Homes since September 21, 2023 and is currently priced at $27,040,000.
While more than 14 listings in Leesburg, FL in April 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 76 were sold below. Between March 2024 and April 2024, Leesburg, FL real estate market has seen decrease in the number of listings by 1.8%. Listings spent 63 days on the market in April 2024, and had a median list price of $298,420 during the same period.
From Rocket Homes Real Estate and based on county public records data.