Clark St, LEESBURG, FL

$10,000,000

15.48

Acres

ACREAGE & UNREC

About Clark St

15.48 acres which are proposed for development with 11, three-story (walk-up) apartment buildings and one clubhouse/leasing/activities building. The proposed development will contain 264 dwelling units (278,850 square feet NRA) and feature one, two and three-bedroom units. The subject site is part of a larger mixed-use development, that has frontage on Dixie Avenue and extends south to Clark Street. The larger development comprises 49.49 acres and will be developed with a 163-unit senior living facility, 105 room Marriott Town Place Suites hotel, 93,000 SF of medical office space, 20,000 SF of retail space, a 40,000 SF UF Health facility, and the subject’s 264-unit, Class A apartment complex. Much of the internal roads and infrastructure for the overall development is in place and the subject is essentially a pad-ready site. Sellers have decided to leave the construction and management to a seasoned expert and simply take an equity portion of the project. They are not looking for a cash sale.

Features of Clark St

MLS® # O6024378
Price $10,000,000
Bathrooms 0.00
Acres 15.48
Type Land
Sub-Type Land
Status Active

Community Information

Address Clark St
Area Leesburg
Subdivision ACREAGE & UNREC
City LEESBURG
County Lake
State FL
Zip Code 34748

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Taxes & HOA Fees

Taxes $66,032
HOA Fee $0

Additional Information

Date Listed May 10th, 2022
Days on Market 318
Zoning PUD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOMMERCIAL REAL ESTATE PROF IN

Listing Map

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