Pending
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Pending

$300,000

0 Beds 0 Baths 0 SQFT 5.86 Acres
Type: Land

GOURLEY AVENUE
LEESBURG, FL 34748

MLS#: G5098327
Brenda Pilger
Brenda Pilger
The Real Estate Advantage
Broker, Associate
Phone: 612.202.5777
Office: 320.264.9240
Presented by: PATTERSON REALTY with 352-409-4811. - 352-409-4811

Property Description

 

Nearly 6 Acres in the Expanding Leesburg Growth Corridor – PUD Development Opportunity with Significant Residential Potential. Positioned in one of Leesburg’s rapidly growing areas, this exceptional development site offers investors and builders the opportunity to capitalize on the region’s increasing housing demand and ongoing expansion. The property carries a Planned Unit Development (PUD) designation designed to encourage flexible, innovative, and market-responsive development opportunities compatible with surrounding land uses and the City’s Growth Management Plan. Potential uses may include single-family attached or detached residences, townhomes, villas, multi-family apartment communities, senior housing, or assisted living facilities—buyer to verify all intended uses, density allowances, and development requirements with the City of Leesburg Planning & Zoning Department. Current zoning may allow for up to 96 units, subject to verification. Strategically located between an established 55+ manufactured home community and an existing apartment complex, the site is ideally positioned as a natural extension of surrounding residential development. The area continues to experience strong population growth, increasing residential demand, and expanding infrastructure, making this an attractive opportunity for developers seeking a project in a high-growth corridor. Utilities are nearby, potentially supporting a more streamlined and cost-effective development process. Included in the offering are two parcels: ALT# 1773199 and ALT# 3859529. Opportunities offering this level of flexibility, scale, and future potential are becoming increasingly limited in the Leesburg market. Bring your vision and explore the possibilities this prime development site has to offer.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Description22-19-24-0003-000-45700
Additional Parcels Y/NYes
Building Area Units0 sqft
CityLEESBURG
CountyLake
Current UseMixed Use
DirectionsFron 27 in Leesburg, turn onto Center Street to Gourley on the right-hand side.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionFROM SE COR OF NE 1/4 OF SE 1/4 OF SW 1/4 RUN N 89-20-40 W 416.46 FT N 0-14-50 E 98 FT FOR POB CONT N 0-14-50 E 502 FT N 89-20-40 W 165 FT S 0-14-50 W 320.91 FT S 88-30-20 E 100.33 FT S 02-04-22 W 179.73 FT S 89-20-40 E PARALLEL TO THE S LINE OF NE 1/4 OF SE 1/4 OF SW 1/4 A DIST OF 70.36 FT TO POB ORB 3964 PG 394 ORB 5231 PG 424
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet255,262 sqft
Lot Size UnitsAcres
MLS Area34748 - Leesburg
OwnershipFee Simple
Property TypeLand
SewerNone
Standard StatusPending
StatusPending
Tax Annual Amount$796
Tax Year2024
UtilitiesElectrical Nearby, Electricity Available, Other, Sewer Available, Sewer Nearby, Telephone Nearby, Water Available, Water Nearby
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningPUD

Exterior

Lot Dimensions321 x
Lot Size Acres5.86
Lot Size Area5 sqft
Number of Lots2
Road Surface TypeUnimproved
Water SourceNone
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$300,000

0 Beds 0 Baths 0 SQFT 5.86 Acres
Type: Land

GOURLEY AVENUE
LEESBURG, FL 34748

MLS#: G5098327
Brenda Pilger
Brenda Pilger
The Real Estate Advantage
Broker, Associate
Phone: 612.202.5777
Office: 320.264.9240