This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Lotus Path, Mascotte, FL 34753
$325,000 Sale Pending
Lotus Path, Mascotte, FL 34753View this property at Lotus Path, Mascotte, FL 34753
Lotus PathMascotteFL34753
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Property Description
Under contract-accepting backup offers. The Hibiscus Reserve project already has a Future Land Use designation for Planned Unit Development - Downtown Mixed Use (PUD-DM), which allows for a variety of uses and a density of 12 dwelling units per acre. With 4.5+ high and dry acres that could mean up to 54 units. This parcel is right off of SR-50, a major growth corridor, with the current 2-lane road expanding to a 4-lane that will run from I-75 east past Mascotte and Groveland. With SR-33 just a couple of miles up the road, Mascotte is ideally positioned for growth. Mascotte has seen 18.25% in population growth over the last few years with developments from national builders like Maronda Homes, KB Homes, Richmond America, and LGI Homes popping up all over town. With such a shortage of affordable housing options, small towns like Mascotte that are situated so close to larger town centers like Clermont, new housing developments are a welcome addition to the community. The property has already been cleared with easy access to SR-50 via Hibiscus Ave and Palmwood Ave. The only thing left is to entitle it and develop the property for a multifamily or mixed use project.
Full Property Details
Full Property Details for Lotus Path
General
- Price: $325,000
- Taxes: $3,568 (2022)
- Status: Pending
- Type: Lots/Land
- MLS ID: G5066833
- Updated: 4/10/2024
- Added to Site: 440 day(s) ago
Location
- Area: 34753 - Mascotte
- County: Lake
- Development Name: 34753 - Mascotte
- Driving Directions: From SR-50 traveling west from Groveland, turn right on Hibiscus Ave. When Hibiscus transitions to Lotus Path, you will see the property on the right side (north side) of Lotus Path.
Community
- Community Name: 34753 - Mascotte
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby, Utility Pole, Water Nearby
Structural Information
- Current Bldg. Use: Mixed Use
Lot Features
- Lot Size (Acres): 4.5
- Lot Size (Sq. Ft.): 200,000
- Lot Size: 4.5914
- Lot Dimensions: 468 x 482 x 241 x 275 x 128 x
- Frontage: Access Road
- Street/Road Desc.: Dirt, Gravel
- Fencing (Description): Boundary Fencing
Financial Considerations
- Price Per Acre: $72,222
- Tax Amount: $3,568
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TBD prior to closing.
- Flood Zone Info: X
- APN: 102224020000000500
- Property ID: 102224020000000500
Listed by Keller Williams Elite Partners Iii Realty
Get Pre-Approved Today
Schools
Schools serving Lotus Path
Rating | Name | Grades | Distance |
---|---|---|---|
460 Midway Ave, Mascotte, FL 34753 | PK-5 | 1.4 mi | |
930 Parkwood Ave, Groveland, FL 34736 | PK-5 | 4.1 mi | |
10245 County Road 561, Clermont, FL 34711 | PK-5 | 9.3 mi | |
205 E Magnolia St, Groveland, FL 34736 | 6-8 | 3.5 mi | |
773 Nw 10th Ave, Webster, FL 33597 | 6-8 | 10 mi | |
13201 Excalibur Rd, Clermont, FL 34711 | 6-8 | 11.7 mi | |
15600 Silver Eagle Rd, Groveland, FL 34736 | 9-12 | 5.5 mi | |
101 N Hancock Rd, Minneola, FL 34715 | 9-12 | 11.2 mi | |
13322 Excalibur Rd, Clermont, FL 34711 | 9-12 | 11.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for Lotus Path
Date
Details
Price
Change
Source
5/22/2023
Price Reduced
$325,000
-9.72%
MLS
2/22/2023
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Lotus Path
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,323
10444%
$243,060
10561%
2022
$41
-5%
$2,280
—
2021
$43
-51%
$2,280
—
2018
$88
-1%
$2,280
—
2017
$89
1%
$2,280
—
2019
$88
-3%
$2,280
—
2016
$91
-2%
$2,280
-70%
2015
$93
72%
$7,680
—
2014
$54
—
$7,680
—
2013
$54
—
$7,680
—
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 Lotus Path
Lotus Path, Mascotte, FL 34753 (MLS# G5066833) is a Lots/Land property with a lot size of 4.5 acres. Lotus Path is currently listed for $325,000 and was received on March 24, 2023. Want to learn more about Lotus Path? Do you have questions about finding other Lots/Land real estate for sale in Mascotte? You can browse all Mascotte real estate or contact a Coldwell Banker agent to request more information.