LOTUS PATH, MASCOTTE, FL, 34753
$ 360,000.00LOTUS PATH, MASCOTTE, FL, 34753
$ 360,000.001 year
PublicRemarks:-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. 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.
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Property Price
Date | Event | Price | Price/Sq Ft | Source |
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01/01/2025 | Pending | $360000 | 0.0 | MLS Grid |
Property Tax
Year | Taxes | Land | Additions | Total Assessment | ||
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2019 | $3,128 | $40,900 | + | $80,900 | = | $121,800 |
2018 | $3,128 | $40,900 | + | $80,900 | = | $121,800 |
2017 | $3,128 | - | + | N/A | = | $121,800 |
2016 | $3,128 | $86,000 | + | $80,900 | = | $121,800 |
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By pressing Request Info, you agree that Trulia and real estate professionals may contact you via phone/text about your inquiry, which Read more