Lotus Path

MASCOTTE, FL 34753

  • 200,000 Sqft
  • 4.5
    Acres(Lot)
$325,000

Description

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.

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.

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.

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.

  • Property Type

    Land

  • County

    Lake

  • Style

    Land

  • AD ID

    43395649

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BuyOwner last updated this listing Sat Jul 06 2024

  • MLS: MFRG5066833
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Land, with 0 bedrooms which is recently sold, it has 200,000 sqft, 5 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of MASCOTTE , in zip code 34753, this Lake County Land and are nearby neighborhoods.