8 months on rocket

911 County Road 48, Groveland, FL, 34736

$4,500,000

56.03 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #G5078946
Lot Size56.03 Acres
StatusActive

About 911 County Road 48

56 + acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property. Subject property is convenient to Fl. Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin Merritt Rd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.

Property Details

Property Features

Listing Office:

  • Office Name: AKIN REALTY COMPANY
  • Listing Agent: Fran Dann-Akin

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 56.03 Acres

Other

Directions Information:

  • Directions: From Okahumpka go south on CR 33/48, turn right onto CR 48 and continue south. Go under Florida Turnpike and property will be on the right before N Austin Merritt Road. Look for signage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000

Tax Information:

  • Annual Amount: $1,051
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Groveland, FL.

Med. Sold Price

$386.3K

Med. Price/SqFt

$209

Avg. Days On Market

56

# of Sold Homes

21

911 County Road 48 vs Groveland

264 DAYS ON ROCKET

+208 Days

$4,500,000

+$4.1M More

KEY TAKEAWAY

This property is $4.1M 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: #G5078946

Listing Office:

  • Office Name: AKIN REALTY COMPANY
  • Listing Agent: Fran Dann-Akin

IDX 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.

IDX 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, 10:19:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,051$44,125
2019$1,057$44,055
2018$1,029$43,786
2017$951$41,159

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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.

Nearby Schools

school-card-donut-448107
3
/10
  • Leesburg Elementary School

  • 2229 South St

  • 7.54 miles

  • Public District Grades PK-5

school-card-donut-448108
5
/10
  • Webster Elementary School

  • 349 S Market Blvd

  • 9.36 miles

  • Public District Grades PK-5

school-card-donut-448109
4
/10
  • Mascotte Elementary School

  • 460 Midway Ave

  • 9.38 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,915. Residents of Groveland, FL typically earn less than $35k each year. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 911 County Road 48

What is the listing price of this property?

The listing price of 911 County Road 48 property is $4,500,000.

What type of property is this?

The property 911 County Road 48 is land located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 911 County Road 48 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 $1,051 (source: MLS/based on county public records data).

How much acreage is this property?

The property 911 County Road 48 is 56.03 acres.
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Rocket HomesFloridaLake CountyGroveland34736911 County Road 48

This home is located at 911 County Road 48 in Groveland, FL and zip code 34736. This home sits on a 56.03 acre lot. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $4,500,000.

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. The number of listings in Groveland, FL decreased by 1.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $386,366, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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