W Oak Terrace Drive, Leesburg, FL 34748

Leesburg
Local realty services provided by:ERA American Suncoast
W Oak Terrace Drive,Leesburg, FL 34748
$475,000
Virtual Tour
  • 2.68 Acres
  • Lots / Land
  • Active
Listed by: jonathan martin
Office: carlino real estate group inc
MLS#:G5099161
Source:MFRMLS

Price summary

  • Price:$475,000

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:G5099161
  • Added:314 day(s) ago
  • Updated:May 15, 2026 at 12:33 PM

Structure and exterior

  • Lot area:2.68 Acres
  • Levels:1 Story

Utilities

  • Water:Public, Water Nearby
  • Sewer:Public Sewer, Sewer Nearby

Finances and disclosures

  • Price:$475,000
  • Tax amount:$10,484 (2024)

Features and amenities

  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. ERA American Suncoast is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA American Suncoast, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near W Oak Terrace Drive