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Daryl Carter
Maury L. Carter & Associates,Inc.
Available

Residential Development Land - Major Price Reduction

19675 Honeycut Rd, Groveland, Florida 34736 - Lake County
$8,219,000 1494 Acres
Property ID 2917314

Description

MAJOR PRICE REDUCTION!

Parcel 1 - 412 acres:

NOW: $2,265,000 ($5,498/acre)

54% Reduction in price

WAS: $4,944,000 ($12,000/acre)

Parcel 2 - 1082 acres:

NOW: $5,954,000 ($5,503/acre)

54% Reduction in price

WAS: $12,984,000 ($12,000/acre)

Two parcels with a yield potential of 1140-1340 residential units:

Parcel 1: 412 acres, Located south of Youth Camp Rd and west of Honeycut Rd. Has been annexed into the City of Mascotte and is ideal for a mixed-use development future land use.

Parcel 2: 1,082 acres, Located west of SR33, south of Austin Merritt Rd, east of Honeycut Rd. Has been annexed into the City of Mascotte and its Future Land Use designation on the new comprehensive plan is Rural Residential. This Future Land Use allows for 1 unit/acre and would yield 900-1,000 units for the property. A rezoning would be required and should allow for clustering of the residential units.

Tax Data (Show Tax Data)

Contact Agent

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Daryl Carter

Maury L. Carter & Associates,Inc.

3333 S. Orange Avenue, Suite 200
Orlando, FL 32806

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