Ludmyla Edelin

Ludmyla Edelin REALTOR® | Corretora

$545,000.00
OAK TERRACE DRIVE, LEESBURG, FL - 34748
$545,000.00
OAK TERRACE DRIVE, LEESBURG, FL - 34748
Ludmyla Edelin
$545,000.00
OAK TERRACE DRIVE, LEESBURG, FL - 34748
For Sale
Photo 1
  • Lot size: 2.68 acres
  • 117 days on market

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!

  • Directions: From the turnpike head north on Hwy 27, turn right on Dixie Ave, Left on N Canal St, left on Hwy 441, right on 3rd st , and a left on Oak Terrace Dr.
  • County: Lake
  • Geo subdivision: LEESBURG N C LEE ESTATE

Features

Financial

Let's get in touch!

Ludmyla Edelin

Ludmyla Edelin

REALTOR® | Corretora

See also

For Sale
32742 WHITNEY ROAD, LEESBURG, FL - 34748
$550,000.00
32742 WHITNEY ROAD, LEESBURG, FL - 34748
For Sale
GOURLEY AVENUE, LEESBURG, FL - 34748
$550,000.00
GOURLEY AVENUE, LEESBURG, FL - 34748
For Sale
716 NEWELL HILL RD, LEESBURG, FL - 34748
$535,000.00
716 NEWELL HILL RD, LEESBURG, FL - 34748
Stellar MLS
  • Source: Stellar MLS
  • MLS #: G5099161
Listing updated: January 20, 2026 at 3:06PM
Listing provided by: Jonathan Martin, CARLINO REAL ESTATE GROUP INC
Last checked 1 hour ago
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