10 months on rocket

State Road 19, Groveland, FL, 34736

$5,899,000

58.30 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #G5070079
Lot Size58.30 Acres
StatusActive

About State Road 19

Great future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Turn lanes are expected to be in soon for Cherry Lake Road and a traffic light is in the future. This property is located on the West side of Highway 19 running south. This area is close to many new developments such as the Groveland Square Master Plan which is a 117 acre master planned development, Hillside Groves, which is slated for approximately 700 homes and multi family properties and Mission Rise, another potential residential project consisting of 237 acres. All these developments increase the area’s need for restaurants, banks, a grocery store, drug store or personal services. Groveland has deemed Highway 19 a "Commercial Corridor" so calling all retail and food establishments! There are 5 total parcels being sold together that total the 58.3 acres, with approximately 20 acres high and dry. One lot currently has a home on it with a tenant so PLEASE DO NOT DRIVE ONTO OR ENTER PROPERTY WITHOUT PRIOR APPROVAL.

Property Details

Property Features

Listing Office:

  • Office Name: TRINITY REAL ESTATE SALES LLC
  • Office Phone: (321) 299-3189
  • Listing Agent: Bobby Orr

Virtual/3D Tour

  • Virtual Tour: State Road 19

Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot, Paved
  • Lot Size: 58.30 Acres

School Info

Assigned Schools Information:

  • South Lake High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Gray Middle School, Public District Grades 6-8
  • Groveland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Groveland, take Highway 19 North to where Cherry Lake Rd intersects. Property is on the west side starting at Inspiration Lane and going SOUTH.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,899,000
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Housing Market Comparison

See how this home compares to others in Groveland, FL.

Med. Sold Price

$385K

Med. Price/SqFt

$207

Avg. Days On Market

53

# of Sold Homes

45

State Road 19 vs Groveland

319 DAYS ON ROCKET

+266 Days

$5,899,000

+$5.5M More

KEY TAKEAWAY

This property is $5.5M 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: #G5070079

Listing Office:

  • Office Name: TRINITY REAL ESTATE SALES LLC
  • Office Phone: (321) 299-3189
  • Listing Agent: Bobby Orr

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: 5/2/2024, 10:19:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2021Home Sold
$110,000
Sep 25, 2020Home Sold
$263,990
May 11, 2020Home Sold
$50,000
Mar 04, 2020Home Sold
$271,990
Jul 16, 2018Home Sold
$175,000
Jan 08, 2018Home Sold
$60,000
Dec 29, 2014Home Sold
$775,000
Dec 29, 2014Home Sold
$775,000
Dec 29, 2014Home Sold
$775,000
Jan 08, 2013Home Sold
$3,200,000

History based on county public records data.

Payment Calculator

$29.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.7K

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-4662872
1
/10
  • Groveland Elementary School

  • 930 Parkwood Ave

  • 1.33 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4662873
2
/10
  • Gray Middle School

  • 205 E Magnolia St

  • 0.94 miles

  • Public District Grades 6-8

High School

school-card-donut-4662874
3
/10
  • South Lake High School

  • 15600 Silver Eagle Rd

  • 2.33 miles

  • Public District Grades 9-12

school-card-donut-4662875
4
/10
  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 18.28 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,961. Typical income of Groveland, FL residents is between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About State Road 19

What is the listing price of this property?

The listing price of State Road 19 property is $5,899,000.

What type of property is this?

The property State Road 19 is land located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: State Road 19 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for State Road 19 are:
Groveland Elementary School: GreatSchools Rating 1/10
Gray Middle School: GreatSchools Rating 2/10
South Lake High School: GreatSchools Rating 3/10
Lake Virtual Franchise: GreatSchools Rating 4/10

When was this property sold last time and for how much?

The last sale was on June 23, 2021 for $110,000. (source: MLS/tax record).

How much acreage is this property?

The property State Road 19 is 58.30 acres.
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Rocket HomesFloridaLake CountyGroveland34736State Road 19

This home is located at State Road 19 in Groveland, FL and zip code 34736 in the North Park Heights neighborhood. This home sits on a 58.30 acre lot. It has been listed on Rocket Homes since June 18, 2023 and is currently priced at $5,899,000.

In April 2024, from all listings sold in Groveland, FL there were more than 6 sold above asking price, over 26 sold below and more than 13 were sold right at the asked price. The inventory of homes for sale in Groveland, FL between March 2024 and April 2024 decreased by 1.4%. The median list price of listings available in April 2024 was $385,000, while the average time on the real estate market was 53 days.

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

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