1415 South Street

    Leesburg, FL 34748
    • $249,000
    • STATUS: Active
    • ON SITE: 184 days
    • MLS #: G5014689
    UPDATED: 47 min ago
    $249,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    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.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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. Data last updated 2019-10-20T11:40:13.153.
    www.teambohannon.com/homes/93839627

    1415 South Street Leesburg, FL 34748

    • Price: $249,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: G5014689
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    Neighborhood:
    Leesburg
    County:
    Lake
    Area:
    Leesburg
    Property Description
    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.
    Exterior Features

    Current Adjacent Use Commercial Direction Faces North Front Footage 210 Lot Features ClearedCorner LotIn City LimitsLevel/FlatRetention AreasSidewalkStreet Lights Lot Size Dimensions 210X200 Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn Yes Association Fee Requirement None Association Yn No Flood Zone Code X For Lease Yn No Listing Terms Cash Property Sub Type Commercial Realtor Info Sign Special Listing Conditions None Tax Annual Amount 2037 Tax Year 2018 Utilities Sewer AvailableWater Available Zoning C-3


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Grizzard Commercial Realestate.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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. Data last updated 2019-10-20T11:40:13.153.
     
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