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$399,999
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Property Description
This corner commercial lot provides endless business opportunities with HC heavy commercial zoning . National chains, drive thru , cafe , retail or car parts and sales. Direct highway 441 frontage with multiple access points. There are over 30,000 vehicles that drive by this highly visible lot. This property is located only 3 miles from the Villages and sits across from the Hwy 466 intersection.
Full Property Details
Full Property Details for 138 W Hermosa St
General
- Price: $399,999
- Taxes: $2,636 (2022)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: OM685580
- Updated: 2/2/2026
- Added to Site: 529 day(s) ago
Location
- Area: 32159 - Lady Lake (The Villages)
- County: Lake
- Development Name: 32159 - Lady Lake (The Villages)
- Subdivision: LADY LAKE
- Driving Directions: Head South on 441 towards Lady Lake. Turn left on Hermosa St.
Community
- Community Name: 32159 - Lady Lake (The Villages)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Structural Information
- # Buildings: 2
- Exterior Const.: Stucco, Wood Frame
- Roof: Other
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,683
- Lot Size: 12683
- Frontage: Highway
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,636
- Tax Year: 2022
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: LADY LAKE N'LY 50 FT OF LOT 55, LOT 58--LESS FROM NE COR OF SEC 20-18-24 RUN N 89-55-43 W ALONG N BOUNDARY OF SEC 20 A DIST OF 499.35 FT TO CENTERLINE OF SR 500, N 25-44-24 W ALONG SAID CENTERLINE 1379.57 FT TO THE POINT OF CURVATURE OF A CURVE CONCA VE TO THE NE, SAID CURVE HAVING A CENTRAL ANGLE OF 01-24-58 & A RADIUS OF 1910.08 FT, THENCE RUN NW'LY ALONG SAID CENTERLINE & THE ARC OF SAID CURVE A DIST OF 47.21 FT, THENCE RUN S 89-35-41 E 55.21 FT TO INTERSECTION OF E'LY R/W LINE OF SR 500 & S' L Y R/W LINE OF HERMOSA ST A 50 FT R/W BEING POB, CONT S 89-35-41 E 18.86 FT TO THE BEGINNING OF A
- Flood Zone Info: X
- APN: 201824040000005501
- Property ID: 201824040000005501
Listed by Engel & Volkers Ocala
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Schools
Schools serving 138 W Hermosa St
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
The Villages Elementary Of Lady Lake School 695 Rolling Acres Road, Lady Lake, FL 32159 | PK-5 | 1 mi |
Carver Middle School, Leesburg, FL 1200 Beecher Street, Leesburg, FL 34748 | 6-8 | 6.6 mi |
Leesburg High School 1401 Yellow Jacket Way, Leesburg, FL 34748 | 9-12 | 8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 W Hermosa St
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$399,999
-5.88%
MLS
8/05/2025
Price Reduced
$425,000
-5.56%
MLS
2/24/2025
Price Reduced
$450,000
-9.82%
MLS
9/10/2024
Listed
$499,000
523.75%
MLS
1/31/1997
Sold
$80,000
—
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 138 W Hermosa St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,629
—
$153,312
-2%
2024
$3,629
26%
$156,387
11%
2023
$2,881
9%
$140,461
12%
2022
$2,636
9%
$125,229
11%
2021
$2,428
—
$112,795
—
2021
$2,428
9%
$113,027
17%
2018
$2,218
8%
$96,371
7%
2017
$2,045
-2%
$90,187
—
2016
$2,085
-3%
$90,388
—
2015
$2,150
-13%
$90,546
-15%
2019
$2,470
14%
$106,008
17%
2014
$2,168
6%
$90,747
—
2013
$2,046
—
$90,906
—
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 138 W Hermosa St
138 W Hermosa Street, Lady Lake, FL 32159 (MLS# OM685580) is a Commercial property. 138 W Hermosa Street is currently listed for $399,999 and was received on September 10, 2024. Want to learn more about 138 W Hermosa Street? Do you have questions about finding other Commercial real estate for sale in Lady Lake? You can browse all Lady Lake real estate or contact a Coldwell Banker agent to request more information.

