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$475,000

W OAK TERRACE DR, LEESBURG, FL 34748
Active

Property details

Type Land
MLS # MFR803533331
Listed Aug 22, 2026
Days on market 21
HOA No
Pool No
County Lake
Data source Stellar MLS

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!

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Data source

Stellar MLS

MLS #MFR803533331

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