0 Lucas StLeesburg, FL 34748

Property Details for 0 Lucas St

Lot size

2.63 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 2.63-acre commercial land parcel in Leesburg, Florida, presents a remarkable opportunity for multi-family development. Zoned R-2, it's fully entitled for a 20-unit project, offering significant potential for a substantial return on investment. Located in Lake County, at the address of Lucas St, zip code 34748, this property boasts a prime location within walking distance of Leesburg Elementary School, Oak Park Middle School, Leesburg High School, and UF Health Leesburg Hospital, ensuring high demand and strong rental prospects. City utilities are readily available. The seller provides surveys and a Conditional Use Permit (CUP) to facilitate a smooth transaction. Additional information is available upon request. The asking price is $319,000, translating to approximately $2.78 per square foot. The property is situated within city limits and features paved street access. While the listing indicates potential for additional land acquisition to increase unit count, the current offering encompasses 2.63 acres. All offers will be considered. This is a rare opportunity to acquire a well-located, fully entitled multi-family development site in a thriving community. The property's APN is 27-19-24-2200-00A-00700.

Location Insight

City

Leesburg

County

Lake

State

Florida

Latitude

28.8003

Longitude

-81.8941

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