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Harry W Price III

harry.price@engelvoelkers.com +1(386) 302-9708

$ 300,000

Est. payment -/mo

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Active

GOURLEY AVE Leesburg, FL 34748

5.86 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID G5098327

HOA Y/N No

Annual Tax Amount $796

Lot Size 5.860 Acres

Acres 5.86

Lot Dimensions 321x

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Nearly 6 Acres in the Expanding Leesburg Growth Corridor – PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg's rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region's increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City's Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities—buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.

Location

State FL

County Lake

Area 34748 - Leesburg

Zoning PUD

Exterior

Utilities Available Electrical Nearby, Electricity Available, Other, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby

Building

Lot Size Range 5 to less than 10

Sewer None

Water None

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5098327

Listed by Janice Patterson PATTERSON REALTY

NEARBY SCHOOLS & PROPERTIES

Harry W Price III

Broker Associate | License ID: BK3448457

+1(386) 302-9708

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