Properties

Property Description

Under contract-accepting backup offers. The Hibiscus Reserve project already has a Future Land Use designation for Planned Unit Development – Downtown Mixed Use (PUD-DM), which allows for a variety of uses and a density of 12 dwelling units per acre. With 4.5+ high and dry acres that could mean up to 54 units.

This parcel is right off of SR-50, a major growth corridor, with the current 2-lane road expanding to a 4-lane that will run from I-75 east past Mascotte and Groveland. With SR-33 just a couple of miles up the road, Mascotte is ideally positioned for growth.

Mascotte has seen 18.25% in population growth over the last few years with developments from national builders like Maronda Homes, KB Homes, Richmond America, and LGI Homes popping up all over town. With such a shortage of affordable housing options, small towns like Mascotte that are situated so close to larger town centers like Clermont, new housing developments are a welcome addition to the community.

The property has already been cleared with easy access to SR-50 via Hibiscus Ave and Palmwood Ave. The only thing left is to entitle it and develop the property for a multifamily or mixed use project.

Features
: Boundary Fencing
: None
: Utility Pole, Electrical Nearby, Water Nearby
Address Map
US
FL
Lake
Mascotte
34753
LOTUS PATH
W82° 5' 38.7''
N28° 34' 51''
34753 - Mascotte
From SR-50 traveling west from Groveland, turn right on Hibiscus Ave. When Hibiscus transitions to Lotus Path, you will see the property on the right side (north side) of Lotus Path.
Additional Information
468 x 482 x 241 x 275 x 128 x
: None
360000
2023-03-24
: Buildable, Level, City Limits
: Mixed Use
Financial
3568
Listing Information
Gustavo Ortiz
260504568
260505076
KELLER WILLIAMS ELITE PARTNERS III REALTY
260562593
260505076
Cash
Pending
2024-07-05T12:23:07Z
Stellar
: None
2023-09-06T21:34:52Z
Review
Overall
0 Votes
100 0.0 0
Check-in
0 Votes
Communication
0 Votes
Location
0 Votes
Value
0 Votes
Accuracy
0 Votes
Cleanliness
0 Votes
You don't have access to post a review!
Load More

Mascotte

Lotus Path, Mascotte, Florida 34753

4.50 Acre
$325,000
Listing ID #G5066833
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : G5066833
Price : $325,000
Lot Area : 4.50 Acre
Status : Pending
Office Name : KELLER WILLIAMS ELITE PARTNERS III REALTY
Agent Name : Brandie Mathison-Klein
Listing Status : Pending
Contact Agent
Property
Scroll to Top

Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

ONLINE INQUIRY

Please enable JavaScript in your browser to complete this form.
Name
Checkboxes