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!
- Lot size: 2.68 acres
- 117 days on market
- 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
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Niles Harrison Pfeiffer
Central Florida REALTOR®
- 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 2 hours ago
Listing provided by: Jonathan Martin, CARLINO REAL ESTATE GROUP INC
Last checked 2 hours ago
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