Prime 10.35± acre mixed use development opportunity in Leesburg, situated along the lake and just south of The Villages — one of Central Florida's fastest-growing areas. The corridor continues to see strong buyer demand and sustained expansion, making this a well-positioned hold for the long term.
Public water and sewer are already on site, cutting down significantly on development timelines and infrastructure costs. Fronting S 14th Street, the parcel is well suited to residential or mixed-use development, appealing to builders looking to establish a presence in an active growth market.
Its location adds further value — close to major roadways, employment centers, retail corridors, and the lifestyle amenities that draw buyers to The Villages area. Ideal for multifamily development.
S 14TH STREET, Leesburg, FL, 34748
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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