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$599,900 Just Listed
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Property Description
PRIME COMMERCIAL LOCATION ON HIGHWAY 50!!! Exceptional opportunity to own highly visible vacant commercial land positioned along one of the area's busiest and most important corridors . This property offers excellent exposure strong accessibility and outstanding potential for future development. Ideal for a wide variety of commercial possibilities such as retail, restaurants, professional offices, shopping or service centers, and other business ventures, subject to zoning and city approval. Located in a rapididly growing area surrounded by continued residential and commercial development, this site offers investors, developers, and business owners the chance to secure a strategic location with excellent long-term potential. High visibility, Prime highway frontage, strong development potential, excellent , investment opportunity. Bring your vision and take advantage of this highly desirable Highway 50 location. Property also offers access from the rear street providing an additional point of access to the parcel
Full Property Details
Full Property Details for 1244 W Broad St
General
- Price: $599,900
- Taxes: $2,663 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8553075
- Updated: 10/1/2026
- Added to Site: 4 day(s) ago
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: GROVELAND ANDERSONS SUB
- Driving Directions: Hwy 50 west pass Villa City Rd property on the right.
Community
- Community Name: 34736 - Groveland
Utilities
- Sewer: None
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Natural Gas Available, Other, Phone Available, Sewer Nearby, Street Lights, Telephone Nearby, Utility Pole, Water Connected
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 2.04
- Lot Size (Sq. Ft.): 88,650
- Lot Size: 2.0351
- Lot Dimensions: 264 x 336
- Frontage: Highway
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $294,069
- Tax Amount: $2,663
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: GROVELAND ANDERSON'S SUB LOT 8 PB 4 PG 17 ORB 5128 PG 676
- Flood Zone Info: X
- APN: 242224050000000800
- Property ID: 242224050000000800
Listed by Lokation
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Schools
Schools serving 1244 W Broad St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
Groveland Elementary School 930 Parkwood Street, Groveland, FL 34736 | PK-5 | 1.8 mi |
Gray Middle School 205 East Magnolia Street, Groveland, FL 34736 | 6-8 | 1.1 mi |
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1244 W Broad St
Date
Details
Price
Change
Source
10/01/2026
Price Increased
$599,900
9.89%
MLS
9/28/2026
Listed
$545,900
336.72%
MLS
6/16/2018
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1244 W Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,663
4%
$148,613
5%
2023
$2,549
11%
$141,592
10%
2022
$2,291
9%
$128,720
10%
2021
$2,099
4%
$117,018
10%
2019
$2,012
21%
$106,380
20%
2018
$1,656
—
$88,749
—
2017
$1,664
-3%
$88,749
—
2016
$1,718
5%
$88,749
11%
2015
$1,633
-1%
$79,884
—
2014
$1,644
7%
$79,884
—
2013
$1,543
—
$79,884
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1244 W Broad St
1244 W Broad Street, Groveland, FL 34736 (MLS# TB8553075) is a Lots/Land property with a lot size of 2.04 acres. 1244 W Broad Street is currently listed for $599,900 and was received on September 28, 2026. Want to learn more about 1244 W Broad Street? Do you have questions about finding other Lots/Land real estate for sale in Groveland? You can browse all Groveland real estate or contact a Coldwell Banker agent to request more information.

