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$545,000
1 Day On Site

W OAK TERRACE DRIVE
LEESBURG, FL 34748

For Sale|Land|Active
Subdivision:
LEESBURG N C LEE ESTATE
County:
Lake
Call Now: (850) 757-3681
Is this the listing for you? We can help make it yours.
(850) 757-3681
W OAK TERRACE DRIVEW OAK TERRACE DRIVEW OAK TERRACE DRIVEW OAK TERRACE DRIVE
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This prime 2.68-acre Zoned R-3/High-Density Residential with 424 +/- feet of road frontage could potentially allow for the approval of up to 48 units, making it ideal for a multi-family or townhome project. The property is clear and ready for development, having previously housed a commercial building that was removed in 2009. The entire lot is high and dry with City of Leesburg utilities available at the street. Leesburg, FL, has experienced substantial growth, leading to increased demand for affordable housing. This demand is further fueled by several large employers situated near the property. The 48-unit apartment complex just to the west of this property is also available for purchase. This exceptional property presents a rare development opportunity you will not want to miss. Call today for more information!

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Listing Snapshot
Price 
$545,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.68 Acres
Year Built 
N/A
MLS® Number 
G5099161
Status 
Active
Property Tax 
$10,484
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
2.68
Additional Property Use 
Multi-Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-3
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Exterior Features
Frontage 
424
Road Frontage 
City Street
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34748 - Leesburg
Roads 
Asphalt
Township 
19
Listing courtesy of CARLINO REAL ESTATE GROUP INC 4074435491



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-06 11:00 AM EDT

Neighborhood & Commute
Source: Walkscore
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