Offering is for 11+/- Acres, all high & dry, zoned C-3 commercial or multi-family, City of Leesburg, Utilities available with frontage on CR 44 and also CR 44 Leg A. 11,000+/- FDOT Avg trips per day on CR 44. C-3 zoning uses include Multi- Family with potentially 190 -200 units, Medical Professional, Commercial, Office or Retail. Site is located on the busy CR 44 corridor that is between two award winning hospital's UF Health in Leesburg and AdventHealth Waterman in Tavares. Just under an hour to Orlando or The Villages this busy Central Florida location is a block off US Hwy 441. All information is believed correct and accurate but not guaranteed or warranted and subject to change without notice.
Subdivision:
SILVER LAKE ESTATES
Lot Size:
1030 x 800 x 990 x 180 irr
Utilities
Electrical Nearby, Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Lot Description:
City Lot
COUNTY ROAD 44, Leesburg, FL, 34788
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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