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About this home
E County Road 44 is a home in Acreage & Unrec, Eustis. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
PREMIER COMMERCIAL & RETAIL DEVELOPMENT OPPORTUNITY –Appraised value 7,500,000.- E COUNTY ROAD 44 & ORANGE AVENUE Positioned along the highly visible E County Road 44 and Orange Avenue corridor, this commercial development opportunity offers a strategic location in the rapidly growing Eustis/Mount Dora market. Approximately 11.5± acres of the larger 17.55± acre parent parcel are being offered at $3,840,000, providing developers, investors, retailers, and owner-users the opportunity to secure a well-positioned commercial site in one of Lake County’s active growth corridors. The property is being offered individual purchase opportunity. Adjacent to 3 parcels 1.5± acres at $1,200,000; 2.0± acres at $1,680,000, featuring a desirable corner location; and 2.0± acres at $780,000. Each tract may be purchased individually, allowing buyers the flexibility to select the site that best accommodates their development plans and investment objectives. With prominent frontage along E County Road 44 and Orange Avenue, the available tracts offer excellent visibility and strong potential for retail and commercial development. The 2.0± acre corner tract is particularly well positioned for a high-visibility retail user seeking a prominent presence along this growing corridor. Zoned MCR, the property provides potential for a variety of commercial and retail uses, subject to applicable county approvals. Its location offers convenient access to major transportation routes while benefiting from the continued residential and commercial expansion occurring throughout the Eustis/Mount Dora area. Whether for retail development, commercial investment, or an owner-user location, these tracts offer a compelling opportunity to establish a presence along a growing Lake County commercial corridor. Three individual purchase options, strong road frontage, excellent visibility, flexible acreage, and a prime corner opportunity make this a property positioned for future growth.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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Price
$7,500,000
Time on market
60 days
Monthly payment
About $44,606/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $20,885 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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