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$10,000,000
Clark St, Leesburg, FL 34748
0 Beds
0 Baths
n/a SqFt

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15.48 acres which are proposed for development with 11, three-story (walk-up) apartment buildings and one clubhouse/leasing/activities building. The proposed development will contain 264 dwelling units (278,850 square feet NRA) and feature one, two and three-bedroom units. The subject site is part of a larger mixed-use development, that has frontage on Dixie Avenue and extends south to Clark Street. The larger development comprises 49.49 acres and will be developed with a 163-unit senior living facility, 105 room Marriott Town Place Suites hotel, 93,000 SF of medical office space, 20,000 SF of retail space, a 40,000 SF UF Health facility, and the subject’s 264-unit, Class A apartment complex. Much of the internal roads and infrastructure for the overall development is in place and the subject is essentially a pad-ready site. Sellers have decided to leave the construction and management to a seasoned expert and simply take an equity portion of the project. They are not looking for a cash sale.
  • Price:
  • $10,000,000
  • Acreage:
  • 15.48
  • Listing ID #:
  • MFRO6024378
  • Street Address:
  • Clark St
  • City:
  • Leesburg
  • State:
  • Florida
  • Postal Code:
  • 34748
  • County:
  • Lake
  • Community:
  • Leesburg
  • Subdivision:
  • Acreage & Unrec
  • Listing Status:
  • Active
  • Listing Type:
  • Land
  • Conforms To Zoning:
  • Pud
  • Lot Square Footage:
  • 1744142
  • Road Type:
  • Dirt
  • Total Number Of Lots:
  • 1
  • Days On Market:
  • 213
  • On Market Date:
  • 2022-05-10
  • Originating Mls:
  • Mfrmls
  • Price Per Acre:
  • 645995
  • Property Taxes:
  • $66,032
  • Tax Year:
  • 2021
  • Utilities:
  • Electrical Nearby, Water Nearby
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Mark Allen with COMMERCIAL REAL ESTATE PROF IN
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
    FLSTELLAR

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