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$315,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 9.87 Acres
  • Updated 6 days ago
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Looking for land with potential? This Millstream Dr parcel offers a natural Florida setting with privacy and room to explore possibilities. Property may include environmentally sensitive areas-buyer to conduct full due diligence regarding wetlands, flood zone, and building feasibility. Great option for a long term hold or the right buyer willing to navigate the process.

Full Property Details for 5540 Millstream Dr

General

  • Price: $315,000
  • Taxes: $1,438 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5111615
  • Updated: 5/5/2026
  • Added to Site: 7 day(s) ago

Location

  • Area: 34736 - Groveland
  • County: Lake
  • Development Name: 34736 - Groveland
  • Subdivision: GROVELAND FARMS 01-23-24
  • Driving Directions: from hwy 50 in groveland, head north use gps no marker

Community

  • Community Name: 34736 - Groveland

Utilities

  • Sewer: None
  • Water: None
  • Utility Description: Public

Structural Information

  • Current Bldg. Use: Unimproved

Lot Features

  • Lot Size (Acres): 9.87
  • Lot Size (Sq. Ft.): 430,045
  • Lot Size: 9.8725
  • Lot Dimensions: 10
  • Street/Road Desc.: Dirt

Financial Considerations

  • Price Per Acre: $31,915
  • Tax Amount: $1,438.98
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: GROVELAND FARMS 1-23-24 TRACT 5 PB 2 PGS 10-11 ORB 4461 PG 2242
  • Flood Zone Info: A
  • APN: 12224150000500000
  • Property ID: 12224150000500000
  • Block/Lot/Section: 5

Listed by Pink Place Realty, Llc

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Listing agent

— 5540 Millstream Dr —

  • Pink Place Realty, Llc

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5540 Millstream Dr

School District:Lake County School District
NameGradesDistance
Groveland Elementary School
930 Parkwood Street, Groveland, FL 34736
PK-52.5 mi
Gray Middle School
205 East Magnolia Street, Groveland, FL 34736
6-82.6 mi
South Lake High School
15600 Silver Eagle Road, Groveland, FL 34736
9-124.6 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 5540 Millstream Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$315,000
600%
MLS
3/24/2014
Sold
$45,000
—
Public Record
Get Price Alerts and Save Property
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 for 5540 Millstream Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,397
8%
$120,225
—
2023
$1,288
44%
$120,225
88%
2022
$894
8%
$63,975
13%
2021
$831
10%
$56,475
24%
2019
$755
7%
$45,648
10%
2018
$704
18%
$41,498
10%
2017
$599
7%
$37,725
—
2016
$562
-4%
$37,725
—
2015
$583
-10%
$37,725
-9%
2014
$647
6%
$41,475
—
2013
$611
—
$41,475
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Pink Place Realty, Llc

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5540 Millstream Drive, Groveland, FL 34736 (MLS# G5111615) is a Lots/Land property with a lot size of 9.87 acres. 5540 Millstream Drive is currently listed for $315,000 and was received on May 05, 2026. Want to learn more about 5540 Millstream Drive? 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.

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