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Here’s an opportunity to secure approximately 33 acres of prime land along one of Central Florida’s fastest-growing corridors! Comprising six parcels with an impressive ±1, 426 feet of frontage on State Road 44, this property enjoys exceptional visibility just minutes from The Villages. An additional ±7-acre parcel (MLS #: G5053829) is also available, offering even greater potential for development. Currently zoned Agricultural, the property is ideal for future development. Annexation into the City of Leesburg, along with zoning and land use changes, would be required to fully realize its potential. Surrounding properties are zoned Industrial, and the Future Land Use designation of Urban Low Density provides flexibility for a variety of uses. The location is a standout—just five minutes from The Villages and Lake Deaton Plaza, featuring Publix, Walgreens, and the newly opened Hooters. A new Walmart Supercenter is nearing completion, enhancing the area’s commercial appeal. Downtown Leesburg is 10 minutes away, with easy access to US Hwy 27 and the Florida Turnpike to the west, placing Orlando just an hour away and Tampa within 90 minutes. Whether you're planning to develop, invest, or hold, this property offers strategic positioning in a thriving market with strong commercial and residential demand. Contact us today to explore the possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.349% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,671 | $12,314 | $16,877 |
| Total Monthly Payment | $11,796 | $12,439 | $17,002 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.