Smith Road, GROVELAND, FL

$899,000

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8.60

Acres

Summary of Smith Road

Smith Road is in GROVELAND, FL. This Land property for sale is currently being offered at $899,000. This Lake Land property has been listed on RealtyInOrlando.com for 424 days. Smith Road is situated on 8.60 acres of land. Please contact your local Realtor® for more information on Smith Road, GROVELAND, FL 34736. Property Listing Reference: MLS number: G5085377.

About Smith Road

Captivating 8.6-Acre Ranchette with Lucrative Future Development Potential! Welcome to your dream property in the heart of a dynamic, transitioning area poised for remarkable growth. This 8.6-acre ranchette offers the perfect blend of current agricultural use and tremendous future development potential. Key Features: Prime Location: Located in a semi-rural area transitioning from agriculture to metro Orlando-style residential development. Convenient access to County Rd 33 via the soon-to-be widened and paved Smith Rd, ensuring seamless connectivity. Agricultural Excellence: Fully fenced property, thoughtfully divided into three sections: a nursery, a large primary pasture, and a dedicated area with a squeeze chute for easy cattle loading. A custom-built 18 x 36-foot pole barn, ideal for sheltering livestock or storing equipment. A private well supplying water to four strategically placed watering stations. Future Development Goldmine: Future Land Use designation allowing for 8 units per acre, with permissible uses including single and attached residential, civic uses (such as parks and lift stations), and minor commercial to support the forthcoming residential community. Adjacent to a 250-acre commercial cattle operation with an approved subdivision, ensuring significant development activity in the immediate vicinity. Investment Opportunity: Capitalize on the current cattle-raising operations while positioning yourself to reap the rewards of future residential and commercial developments. A unique chance to secure a substantial tract of land in an area with skyrocketing development potential. Don’t miss out on this rare opportunity to enjoy the best of both worlds – a thriving agricultural lifestyle now and the promise of lucrative development returns in the near future. Schedule your showing today and explore the limitless possibilities this extraordinary property has to offer! Feel free to let me know if there are any additional details or adjustments you'd like to include! One of the co-owners is a Licensed Real Estate Agent in the State of Florida

Features of Smith Road

MLS® # G5085377
Price $899,000
Acres 8.60
Type Land
Sub-Type Land
Status Active
Taxes $99

Community Information

Address Smith Road
Area Groveland
Subdivision GROVELAND FARMS 03-22-24
City GROVELAND
County Lake
State FL
Zip Code 34736

Amenities

View Park/Greenbelt
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description City Lot, Wetlands, Zoned for Horses

Other Information

Date Listed August 5th, 2024
Days on Market 424
Zoning A
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER TONY HUBBARD REALTY

Listing Map

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