Lotus Path
Mascotte,
FL
34753
Property Details
| List Price: |
$325,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Pending |
SqFt: |
-- |
| Agency: |
Keller Williams Elite Partners III Realty |
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Description/Comments
| Lot Size: |
4 acre(s) |
| Property Type: |
Lots And Land |
| Year Built: |
-- |
| Notes: |
Under contract-accepting backup offers. The Hibiscus Reserve project already has a Future Land Use designation for Planned Unit Development - Downtown Mixed Use (PUD-DM), which allows for a variety of uses and a density of 12 dwelling units per acre. With 4.5+ high and dry acres that could mean up to 54 units. <br />
<br />
This parcel is right off of SR-50, a major growth corridor, with the current 2-lane road expanding to a 4-lane that will run from I-75 east past Mascotte and Groveland. With SR-33 just a couple of miles up the road, Mascotte is ideally positioned for growth. <br />
<br />
Mascotte has seen 18.25% in population growth over the last few years with developments from national builders like Maronda Homes, KB Homes, Richmond America, and LGI Homes popping up all over town. With such a shortage of affordable housing options, small towns like Mascotte that are situated so close to larger town centers like Clermont, new housing developments are a welcome addition to the community.<br />
<br />
The property has already been cleared with easy access to SR-50 via Hibiscus Ave and Palmwood Ave. The only thing left is to entitle it and develop the property for a multifamily or mixed use project. |
| MlsNumber: |
G5066833 |
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| Listing Provided By: |
Keller Williams Elite Partners III Realty, original listing |
| Name: |
Keller Williams Elite Partners III Realty |
| Phone: |
(321) 527-5111 |
| Office Name: |
KELLER WILLIAMS ELITE PARTNERS III REALTY |
| Office Phone: |
(321) 527-5111 |
| Agent Name: |
Brandie Mathison-Klein |
| Disclaimer: |
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
