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W Oak Terrace Drive

Leesburg, FL 34748

– beds
– baths
– sqft
~3 acre lot
– on site

This prime 2.68-acre Zoned R-3/High-Density Residential with 424 +/- feet of road frontage could potentially allow for the approval of up to 48 units, making it ideal for a multi-family or townhome project. The property is clear and ready for development, having previously housed a commercial building that was removed in 2009. The entire lot is high and dry with City of Leesburg utilities available at the street. Leesburg, FL, has experienced substantial growth, leading to increased demand for affordable housing. This demand is further fueled by several large employers situated near the property. The 48-unit apartment complex just to the west of this property is also available for purchase. This exceptional property presents a rare development opportunity you will not want to miss. Call today for more information!

Listing courtesy of STELLAR_MLS / CARLINO REAL ESTATE GROUP INC

Last checked: Checking… • Last updated Jul 6, 2025 •

MLS# G5099161 —

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

Location

Directions:

From the turnpike head north on Hwy 27, turn right on Dixie Ave, Left on N Canal St, left on Hwy 441, right on 3rd st , and a left on Oak Terrace Dr.
Latitude:

28.819831
Longitude:

-81.875515
Coordinates:

-81.875515, 28.819831

The Property

Parcel Number:

231924110000000443
Property Type:

Land
Lot Size Acres:

2.68
Lot Size Area:

2.68
Lot Size SqFt:

116741
Lot Size Dimensions:

424 x 276
Lot Size Units:

Acres
Total Acres:

2 to less than 5
Zoning:

R-3
Current Use:

Multi-Family
View:

false
Water Source:

Public
Road Surface Type:

Asphalt
Road Frontage Type:

City Street
Flood Zone Code:

X
Flood Zone Panel:

12069C0309E
Additional Parcels:

false
Price Per Acre:

203358

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

4
Tax Legal Description:

LEESBURG N C LEE ESTATE E 455 FT OF W 1367.05 FT OF LOT 4--LESS S 280 FT & LESS W 30 FT FOR RD R/W--PB 1 PG 75 ORB 4883 PG 1295
Tax Book Number:

1-75
Tax Annual Amount:

$10,484

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/G5099161
Special Listing Conditions:

None

Utilities

Utilities:

Sewer Nearby
Sewer:

Public Sewer

The Community

Subdivision Name:

LEESBURG N C LEE ESTATE
Waterview:

false
Water Access:

false
Waterfront:

false
Ownership:

Fee Simple

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/4/25 Jul 4, 2025	Listed / Active	STELLAR_MLS	$545,000

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This plot of land located in Coach Houses at Leesburg, Leesburg, FL 34748 is currently for sale for $545,000. W Oak Terrace Drive is a – square foot plot of land with – beds and – baths that has been on Estately for 10 days. W Oak Terrace Drive is in the Coach Houses at Leesburg neighborhood of Leesburg and has a WalkScore® of 50, making it somewhat walkable. This plot of land is in the attendance area of Leesburg High School, Carver Middle School, and Beverly Shores Elementary School.

Listing Courtesy of: STELLAR_MLS and CARLINO REAL ESTATE GROUP INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.