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About this home
Us Highway 27 is a home Minneola. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Prime vacant land located directly along US Highway 27 in Minneola, strategically positioned between US-27 and Florida’s Turnpike. This property offers excellent visibility and convenient access in a rapidly developing Lake County corridor. The property consists of approximately 3.5 acres and is offered for $999,000. Approximately 2 acres are ready to build, providing an excellent opportunity for a commercial user, business, or investor seeking a highly visible US-27 location. The remaining acres contain a large drainage ditch and would require fill dirt to bring the area up to the desired grade. Importantly, the property is not wetland, and the lower portion of the property can also potentially be built on/used for development, subject to engineering, permitting, site-plan approval, drainage requirements, and applicable regulations. This provides the opportunity to potentially utilize substantially more of the property than just the initially build-ready 2 acres.
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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.
Quick answers.
Price
$999,000
Time on market
18 days
Monthly payment
About $5,967/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,095 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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