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W Oak Terrace Dr
For Sale $545,000
$545,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 116,741 Sq Ft
Description
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!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $545,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 231924110000000443 |
| MLS # | G5099161 |
| Property ID | 322309612 |
| Lot Sqft | 116,741 |
| Zoning | R-3 |
| Days on Market | 229 |
| Original List Price | $545,000 |
| Date Updated | January 20, 2026 |
| Date Created | July 04, 2025 |
Listing Provided By
Jonathan Martin an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 20, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT