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$605,000
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Property Description
Nestled within Clermont's thriving commercial corridor, this pad-ready 0.49-acre site in Governors Lake Commerce Center presents a rare opportunity to invest in one of Central Florida's fastest-growing markets. Known as the "Choice of Champions," Clermont combines rolling hills, scenic lakes, and a pro-business environment, making it a magnet for families, professionals, athletes, and investors alike. This property is fully engineered and surveyed with utilities, drainage, and cross-access in place-offering immediate development potential and reducing costly time-to-market delays. With zoning approvals already accommodating buildings up to 20,000 square feet, the site is perfectly suited for retail, office, medical, or service-based uses. The location could not be more strategically positioned along Citrus Tower Boulevard, the property benefits from excellent visibility and seamless connectivity to SR-50 and US-27, Clermont's main transportation arteries. Just minutes away, major commercial anchors are reshaping the local landscape. Cross Ridge Exchange, a vibrant hub blending retail, restaurants, medical offices, and drive-thru end-caps, has set the tone for high-quality mixed-use growth. The nearby Clermont Landing Shopping Center-with its retail mix, restaurants, and movie theater-draws steady regional traffic, while additional pad sites along US-27 demonstrate strong retailer demand. At the same time, the city's ambitious Downtown-Waterfront Master Plan is transforming the core with enhanced streetscapes, multi-use trails, and signature amenities like Victory Pointe, a stormwater park that doubles as a public event venue and recreation hub. Together, these projects illustrate the upward trajectory of Clermont's commercial vitality. Surrounding land use further strengthens the case for investment. Just north of SR-50, Clermont Commons offers industrial and flex buildings with full utilities, underscoring the city's business-friendly infrastructure. A new 12.3-acre mixed-use development near Victory Pointe will bring additional housing and retail, fueling foot traffic and neighborhood vibrancy. South Lake Hospital and health-related campuses add another layer of demand, making the area especially attractive for medical and professional office operators. This synergy of retail, residential, medical, and recreation creates a high-traffic, amenity-rich ecosystem where your development will thrive. Clermont's demographics mirror its growth story: a rapidly expanding population, strong household incomes, and a lifestyle centered on wellness and recreation. With average commercial rents approaching $40-45 per square foot, low vacancy rates, and sustained tenant demand, the economics strongly favor new construction. For an investor, developer, or end user, the pad-ready advantage means capital can be deployed efficiently, accelerating build-to-suit opportunities and positioning your project to capitalize on the momentum already surrounding this site. In a community that celebrates progress while honoring its natural charm, this property is more than land-it is a gateway to establishing a flagship presence in Clermont's next chapter of growth. The groundwork is laid, the vision is clear, and the market is ready. Now is the time to bring your project to life at Governors Lake Commerce Center.
Full Property Details
Full Property Details for Citrus Tower Blvd
General
- Sold For: $605,000
- Taxes: $7,749 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: G5101055
- Added to Site: 148 day(s) ago
Location
- Area: 34711 - Clermont
- County: Lake
- Development Name: 34711 - Clermont
- Driving Directions: From the intersection of Highway 50 (W. Colonial Drive) and U.S. 27 in Clermont: Head north on U.S. 27 for approximately 1.3 miles. Turn right onto Citrus Tower Boulevard. Continue on Citrus Tower Boulevard for about 0.5 miles. The entrance to Governors Lake Commerce Center will be on your right-hand side. Lot 9 is located within the commerce center, easily accessible via the internal drive.
- Direction Faces: Northwest
Community
- Community Name: 34711 - Clermont
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,321
- Lot Size: 21321
- Lot Dimensions: 69 x 240 x 109 x 240
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $1,234,694
- Tax Amount: $7,749.03
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: GOVERNORS LAKE COMMERCE CENTER PB 72 PG 88-92 LOT 9 ORB 5716 PG 478
- Flood Zone Info: X500
- APN: 52326005000000900
- Property ID: 52326005000000900
Listed by Era Grizzard Real Estate
Sold by Coldwell Banker Hubbard Hansen
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Price & Sales History for Citrus Tower Blvd
Date
Details
Price
Change
Source
11/05/2025
Sold
$605,000
-6.92%
MLS
9/22/2025
Price Reduced
$650,000
-3.7%
MLS
8/21/2025
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Citrus Tower Boulevard, Clermont, FL 34711 (MLS# G5101055) is a Lots/Land property that was sold at $605,000 on November 05, 2025. Want to learn more about Citrus Tower Boulevard? Do you have questions about finding other Lots/Land real estate for sale in Clermont? You can browse all Clermont real estate or contact a Coldwell Banker agent to request more information.

