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LOTUS PATH

Mascotte, Florida, 34753, United States

Property ID: #550793 // land
LOTUS PATH
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Traditional Sale
List Price:
$325,000.00
Icon - ft²
Icon 4.59 acres
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Address:
LOTUS PATH
City:
Mascotte
State:
Florida
Zip Code:
34753
County:
Lake
Country:
United States
Property Type:
Land
Additional Property Types:
Land
Lot Size:
4.59 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
G5066833
Source Status:
Pending
Source Property Type:
Land

Property Provided By

  • Brandie Mathison-Klein
  • KELLER WILLIAMS ELITE PARTNERS III REALTY
  • +1 (407) 488-3446
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Property Information

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.

Directions

From SR-50 traveling west from Groveland, turn right on Hibiscus Ave. When Hibiscus transitions to Lotus Path, you will see the property on the right side (north side) of Lotus Path.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 Stellar MLS. All Rights Reserved.
Courtesy of KELLER WILLIAMS ELITE PARTNERS III REALTY Brandie@mkghomes.com
IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of 2024-07-05 12:23:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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