1415 South Street

LEESBURG, FL 34748

About this property

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.

Date Added
April 18, 2019
Listing Status
Active
Days On Site
596
MLS#
G5014689

Features and Additional Information

Lot Size
35,719 SqFt
Acreage
0.82
Property Type
Land
Style
IQWeb_
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
No
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$249,000 Active
0 Beds
0
Baths
0 SQFT

Presented By Sue Amsden

CB Boulevard

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Get in touch today! Phone: (352) 427-5546
License #SL-3355165
Brokerage
CB Boulevard
(352) 732-8350
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Area Information

34748 - Leesburg | Lake County |

$ 249,000
This listing is play_arrow 10.7% higher than the average in the area
$ 224,900 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
596 days on site
This listing is play_arrow 1254.5% above the average in the area
44 days on site in the area

Schools in the Area

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