Investment Opportunity in Groveland, FL – 28 Acres for Development This incredible 28-acre property is located in Groveland, just 35 minutes from Orlando, providing an excellent option for those looking to develop a residential condominium or large-scale project. With easy access to US-33 and just minutes from the Turnpike, this property offers a strategic location that combines tranquility and proximity to major urban centers and highways in Central Florida. Groveland is a growing city surrounded by beautiful natural landscapes, which makes this area even more attractive for those looking to invest in an environment that combines nature and convenience. The growing demand for real estate in the region, driven by its proximity to Orlando, offers significant potential for appreciation. The area is perfect for the development of a condominium, with enough space to build complete infrastructure and modern amenities, in addition to beautiful natural views all around. Don't miss out on this opportunity to invest in one of the fastest growing regions in Florida. There is another property. Another parcel, next door to this one, is also for sale. MLS:
Property Details
Property Features
Listing Office:
Office Name: WRA BUSINESS & REAL ESTATE
Office Phone: (407) 512-1008
Listing Agent: Hugo Borges Ota Neto
Lot Features
Lot Information:
Lot Size: 28.50 Acres
Other
Directions Information:
Directions: Driving until US-33 North. Turn right and keep until turn right again in Indigo Road. Go straight approximately 1 miles and the property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $1,850,000
Tax Information:
Annual Amount: $4,198
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Groveland, FL.
This property is $1.4M more than the Median Sold Price in Groveland, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6254595
Listing Office:
Office Name: WRA BUSINESS & REAL ESTATE
Office Phone: (407) 512-1008
Listing Agent: Hugo Borges Ota Neto
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 7:19:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 13, 2018
Jun 13, 2018Home Sold
$320,000
Jan 06, 2017
Jan 06, 2017Home Sold
$150,000
Oct 29, 2013
Oct 29, 2013Home Sold
$140,000
Jun 07, 2010
Jun 07, 2010Home Sold
$110,000
Jan 24, 2008
Jan 24, 2008Home Sold
$380,000
Sep 15, 1997
Sep 15, 1997Home Sold
$145,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$4,198
$272,891
2019
$4,401
$271,509
2018
$2,727
$161,253
2017
$2,784
$166,774
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,301
Per Month
Principal & Interest
$9,234
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,613
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Mascotte Elementary School
460 Midway Ave
Distance between this listing and this school4.99 miles
Public Charter Grades PK-5
2
/10
Groveland Elementary School
930 Parkwood Ave
Distance between this listing and this school6.53 miles
Public District Grades PK-5
8
/10
Cypress Ridge Elementary School
350 East Ave
Distance between this listing and this school9.38 miles
Public Magnet Grades PK-5
Nearby Schools
2
/10
Cecil E. Gray Middle School
205 E Magnolia St
Distance between this listing and this school6.20 miles
Public District Grades 6-8
7
/10
Minneola Conversion Charter School
320 E Pearl St
Distance between this listing and this school9.41 miles
Public Charter Grades PK-8
10
/10
Pinecrest Lakes Academy
14012 Old Highway 50
Distance between this listing and this school10.72 miles
Public Charter Grades PK-8
Nearby Schools
3
/10
South Lake High School
15600 Silver Eagle Rd
Distance between this listing and this school6.10 miles
Public District Grades 9-12
5
/10
Lake Minneola High School
101 N Hancock Rd
Distance between this listing and this school10.40 miles
Public District Grades 9-12
2
/10
Leesburg High School
1401 Yellow Jacket Way
Distance between this listing and this school11.31 miles
The neighbors living near this home have an average income of $62,789. The most common annual income of people living in Groveland, FL is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4798 Indigo Rd
What is the listing price of this property?
The listing price of 4798 Indigo Rd property is $1,850,000.
What type of property is this?
The property 4798 Indigo Rd is land located in Groveland, Florida, 34736.
Is this property for sale now?
Active Listing: 4798 Indigo Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,198 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 13, 2018 for $320,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4798 Indigo Rd in Groveland, FL and zip code 34736. This home sits on a 28.50 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $1,850,000.
Groveland, FL housing market in October 2024 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 11 sold below. In October 2024 in Groveland, FL there were 1.3% less homes for sale than in September 2024. In October 2024 median list price was $386,366 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
NASCAR
NASCAR
Figure Skating
Hunting
Bass Pro Shops
Dollar General
Academy Sports & Outdoors
Hardee's
Applebees
Jimmy Johns
GMC
Cadillac
Oldsmobile
Classic Country
Oldies
New Country