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18537 US Highway 27, Minneola, FL 34715
$1,500,000 Sale Pending
18537 US Highway 27, Minneola, FL 34715View this property at 18537 US Highway 27, Minneola, FL 34715
18537 US Highway 27MinneolaFL34715
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Property Description
Under contract-accepting backup offers. 14.16 Acre Commercial Parcel just minutes from the new Turnpike Interchange in Minneola! Buyers' loan fell through making this parcel available at a great price! Located in the fast growing areas of Minneola and Clermont with new home subdivisions and commercial developments on the rise, this highly visible parcel has 584 feet of highway frontage with a full median opening and is zoned B-1 (General Commercial) which allows for many different permitted uses such as Offices, Retail Sales and Services, Medical Clinic, Restaurant, Learning Center and more. The City of Minneola has advised they will not consider any residential uses, automotive, indoor or outdoor storage or any type of business that supports tobacco. All utilities are located at the perimeter of the site such as Water, Sewer, High Fiber. Traffic count is currently 31,000 vehicles per day; 13.66 acres are high and dry and ready for your business. Survey, Topo and Geo Tech Report are available for review. LIVE LOCAL ACT - If you are looking for something that will work for the affordable housing act, this property WILL, however the City of Minneola is requiring this property to have VERTICAL MIXED USE.
Full Property Details
Full Property Details for 18537 US Hwy 27
General
- Price: $1,500,000
- Taxes: $15,315 (2021)
- Status: Pending
- Type: Lots/Land
- MLS ID: G5056023
- Updated: 5/10/2024
- Added to Site: 717 day(s) ago
Location
- Area: 34715 - Minneola
- County: Lake
- Development Name: 34715 - Minneola
- Driving Directions: From Hwy 50 take US HWY 27 North through Minneola to property on the left before CR 561. From Turnpike take Hancock Rd. North to Left on CR 561A. Go Left at the light on CR 561 to Left on US Hwy 27, property is on the right.
- Direction Faces: East
Community
- Community Name: 34715 - Minneola
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electrical Nearby, Fiber Optics, Sewer Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 14.16
- Lot Size (Sq. Ft.): 616,810
- Lot Size: 14.16
- Lot Dimensions: 541 x 1247 x 426 x 492 x 120 x 657
- Frontage: Street Paved, Divided Highway
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $105,932
- Tax Amount: $15,315.93
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG AT 232 FT E OF SW COR OF NE 1/4, RUN S 89-11-55 E ALONG S LINE 1280.66 FT TO W'LY R/W LINE OF US HWY 27, N 08-0-30 W ALONG SAID W'LY R/W LINE 473.45 FT TO A LINE PARALLEL WITH & 467.86 FT N OF S LINE OF NE 1/4, CONT N 08-0-30 W ALONG SAID W'LY R/W LINE 111.19 FT TO A POINT THAT IS S LINE OF BISHOP'S POINT SUB PB 12 PG 24, S 88-36-53 W ALONG SAID S LINE OF SUB 624.08 FT TO SW COR OF SAID SUB, S 16-41-58 W 120.86 FT TO A LINE THAT IS N LINE OF S 467.86 FT N OF S LINE OF NE 1/4, N 89-11-56 W TO A POINT N 0-22-23 W OF POB, S 0-22-23 E 467.86 FT TO POB ORB 5575 PG 360
- Flood Zone Info: X, AE
- Disclosures/Reports: Other, Seller Property Disclosure
- APN: 362125000100000900
- Property ID: 362125000100000900
Listed by Trinity Real Estate Sales Llc
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Schools
Schools serving 18537 US Hwy 27
School District:Lake County School District
Rating | Name | Grades | Distance |
---|---|---|---|
Aurelia Cole Academy
680 E Highland Ave, Clermont, FL 34711 | K-8 | 4.5 mi | |
15600 Silver Eagle Rd, Groveland, FL 34736 | 9-12 | 4.4 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 18537 US Hwy 27
Date
Details
Price
Change
Source
7/28/2022
Price Reduced
$1,500,000
-16.67%
MLS
5/26/2022
Listed
$1,800,000
60%
MLS
10/28/2020
Sold
$1,125,000
—
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 18537 US Hwy 27
Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,859
17%
$991,739
21%
2021
$15,316
-7%
$819,623
-9%
2022
$16,396
7%
$901,583
74%
2021
$15,316
70%
$519,103
18%
2019
$9,004
14%
$439,100
10%
2018
$7,911
5%
$399,182
-3%
2017
$7,507
14%
$409,823
24%
2016
$6,609
-3%
$329,903
—
2015
$6,813
-1%
$329,903
—
2014
$6,875
3%
$329,903
—
2013
$6,670
—
$329,903
—
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 18537 US Hwy 27
18537 US Highway 27, Minneola, FL 34715 (MLS# G5056023) is a Lots/Land property with a lot size of 14.16 acres. 18537 US Highway 27 is currently listed for $1,500,000 and was received on May 26, 2022. Want to learn more about 18537 US Highway 27? Do you have questions about finding other Lots/Land real estate for sale in Minneola? You can browse all Minneola real estate or contact a Coldwell Banker agent to request more information.