Smith Road, Groveland, FL 34736

$899,000

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Property Description

Captivating 8.6-Acre Ranchette with Lucrative Future Development Potential!Welcome to your dream property in the heart of a dynamic, transitioning area poised for remarkable growth. This 8.6-acre ranchette offers the perfect blend of current agricultural use and tremendous future development potential.Key Features:Corner lot in a Prime Location:Located in a semi-rural area transitioning from agriculture to metro Orlando-style residential development.Convenient access to County Rd 33 via the soon-to-be widened and paved Smith Rd, ensuring seamless connectivity.Agricultural Excellence:Fully fenced property, thoughtfully divided into three sections: a nursery, a large primary pasture, and a dedicated area with a squeeze chute for easy cattle loading.A custom-built 18 x 36-foot pole barn, ideal for sheltering livestock or storing equipment.A private well supplying water to four strategically placed watering stations.Future Development Goldmine:Future Land Use designation allowing for 8 units per acre, with permissible uses including single and attached residential, civic uses (such as parks and lift stations), and minor commercial to support the forthcoming residential community.Adjacent to a 250-acre commercial cattle operation with an approved subdivision, ensuring significant development activity in the immediate vicinity.Investment Opportunity:Capitalize on the current cattle-raising operations while positioning yourself to reap the rewards of future residential and commercial developments. NOTE: The project to expand and upgrade Smith Rd got underway October 2025. It encompasses installation of water and sewer lines, underground utilities, topographical work and paving from County Rd 33 to the new Loucks Island Subdivision.A unique chance to secure a substantial tract of land in an area with skyrocketing development potential.Don't miss out on this rare opportunity to enjoy the best of both worlds - a thriving agricultural lifestyle now and the promise of lucrative development returns in the near future. Schedule your showing today and explore the limitless possibilities this extraordinary property has to offer!Feel free to let me know if there are any additional details or adjustments you'd like to include!One of the co-owners is a Licensed Real Estate Agent in the State of Florida

Smith Road | MLS# G5085377

This land located at Smith Road, Groveland, FL 34736 is currently listed for sale with an asking price of $899,000. The property has approximately 8.60 Acres. Search Groveland real estate on jsaint.watsonrealtycorp.com today.

Property Features

Property Type: Land - Farm
Lot Size: 8.60 Acres
Taxes: $99

Feature Descriptions

Barn Features: Pole Barn
Days on Site: 584
Directions: From State Rd 50 in Mascotte go NORTH on County Rd 33 approximately 2 miles. Turn LEFT on Smith Rd. Turn LEFT once past the Orange Grove
Fencing: Barbed Wire, Boundary Fencing, Fenced, Wire
Flood Zone Code: A, X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: City Limits, Unpaved, Wetlands, Zoned for Horses
Lot Dimensions: 8.6
Number of Wells: 1
Other Equipment: Loading Pens
Other Structures: Barn(s)
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Sewer: None
Showing Instructions: Farm Animals on Site, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available
Vegetation: Wooded
Water: Well
Water Access Y/N: No
Zoning: A

Listed By / Shown By

Listed By

Agency Name: COLDWELL BANKER TONY HUBBARD REALTY
Agency Contact: 352-394-4031

Shown By

Agent Name: Jennifer Saint
Agent Phone: (904) 477-0891
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 4,605.57 per month $4,335.11 Principal & Interest $8.25 Property Tax $262.21 Homeowner's Insurance

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