$2,200,000 17160 Us Hwy 27 Minneola, FL

MLS: G5020094   Type: Land   County: Lake   City: Minneola   Zip: 34715   Style: Commercial     Taxes: $3,901

Mortgage $10,329 /mo



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Owner Financing Available - Minneola - US Hwy 27 - 12.32+/- Acre Commercial site with approved PD / Developers Agreement with multiple variances including allowing maximum building height of 50' FT to allow for lake views of surrounding area located in South Lake County's prime development area with nearly 10,000 new homes and other housing units in the pipeline for construction. Included with the approved PD is a recent clean Phase I and Environmental Species Survey. Minneola has about 8,000 homes that have been approved for construction. The brand new Florida Turnpike Exit #278 is completed and servicing this expansion of growth from Orlando that includes the massive Hills of Minneola project, a project that should take about 10 years to complete. Upon completion, the Hills of Minneola will bring in up to 4,170 new residences, more than 900,000 square feet of retail or commercial services, 892,500 square feet of office space, 1,470,000 square feet of space for industrial, medical and research, about 520,000 square feet for a new school and other institutional development, a large park, green space and a site for recreational uses still to be determined. Also approved in adjoining Clermont is Olympus, a 243-acre sports-themed community that’s projected to have $1.4 billion in economic impact. In Groveland, the nation’s largest grocery retailer, Kroger, will open a 336,081-square-foot, robot-powered customer fulfillment center. This explosive growth is minutes to the site with excellent US Hwy 27 visibility and easy access.

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Price History

9/5/2019 Listed $2,900,000
10/31/2019 7% - $2,700,000
3/12/2020 12% - $2,400,000
3/12/2020 9% - $2,200,000

For Lease Y/N No
MLS Area 34715 - Minneola
Property SubType Commercial
Property Type Land
Special Listing Conditions None
Status Active
Terms Cash, Conventional, Private Financing Available
Township 22
Zoning CP

Interior Features

Utilities BB/HS Internet Available, Electricity Available, Water Available

Exterior Features

Front Footage 1000
Lot Dimensions irrg
Lot Features Corner Lot, In City Limits
Lot Size Acres 12.32
Lot Size Square Feet 405979
Number of Lots 2
Other Structures Billboard
Road Frontage Type Divided Highway, Highway, Main Throrughfare
Sewer None
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 (34715)

Price 2.20M Avg 506K

Taxes $3,901 Avg $1,430

Acres 12.32 Avg 7.24

Visits 113 Avg 197

Days on Site 206 Avg 261

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Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL