$249,000 1415 South Street Leesburg, FL

MLS: G5014689   Type: Land   County: Lake   City: Leesburg   Zip: 34748   Style: Commercial     Taxes: $2,037

Mortgage $1,169 /mo



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Well located property in the heart of Leesburg and next door to Walgreens at the busy intersection of US Hwy 27 and South Street - daily traffic counts of 40,000 (Hwy 27) and 22,000 (South St). Subject property has an easement for access, ingress/egress over all of the Walgreens site thus easy access from South St and Hwy 27. On site drainage and retention already constructed resulting in net usable acreage of .75 acres that is ready for construction. Site is 1 mile from Venetian Gardens, a lakefront City park that is going thru a $10 million plus renovation, Leesburg Regional Medical Center, and a new Marriot hotel that will break ground in 2019. The Villages continues it's rapid growth to the west of Leesburg that will benefit this site as well. Property is also located in a designated OPPORTUNITY ZONE which provides capital gains tax benefits, including tax free treatment for all future appreciation if held for at least 10 years, when reinvesting sales proceeds in this designated area.

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Price History

2/2/2020 Listed $249,000

Association Y/N No
For Lease Y/N No
MLS Area 34748 - Leesburg
Property SubType Commercial
Property Type Land
Special Listing Conditions None
Status Active
Terms Cash
Township 19
Zoning C-3

Interior Features

Utilities Sewer Available, Water Available

Exterior Features

Front Footage 210
Lot Dimensions 210x200
Lot Features Cleared, Corner Lot, In City Limits, Level/Flat, Retention Areas, Sidewalk, Street Lights
Lot Size Acres 0.82
Lot Size Square Feet 35700
Number of Lots 3
Road Frontage Type City Street
Sewer Public Sewer
Water Access Y/N No
Water Extras Yn No
Water View Y/N No
Waterfront Feet Total 0
Waterfront Y/N No

Property Schools

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Property vs Zip Code Avg (34748)

Price 249K Avg 320K

Taxes $2,037 Avg $1,131

Acres 0.82 Avg 6.23

Visits 38 Avg 66

Days on Site 349 Avg 340

Walkscore® 61 Avg 29

Data Provided by Walkscore ® not using MLS data

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Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL