1712 Connell ROAD, Leesburg, FL, 34748 | $3,250,000

Unparalleled investment opportunity, where the promise of growth meets pristine potential. Nestled in the heart of Leesburg, this expansive property boasts a great mix of Residential and Commercial use, presenting an exciting canvas for visionary development. A combined total of over 18 acres, the possibilities for development are plenty. With over 600 ft of frontage on US-27 and nestled within a vibrant community, it offers the perfect blend of accessibility and tranquility. Whether it's residential or commercial ventures, this location sets the stage for success. From residential neighborhoods to commercial complexes, the scope for creating thriving spaces is limitless. Imagine crafting a dynamic mixed-use development that caters to the diverse needs of the community, or sculpting a residential enclave that embodies modern living at its finest. Leesburg is not just a location; it's a destination on the rise. As one of Florida's burgeoning hubs, it offers a dynamic environment ripe for investment. With a growing population and a robust economy, the demand for quality real estate is on the upswing. Seize the opportunity to capitalize on this momentum and secure your stake in the future of Leesburg. Whether you're a seasoned developer or a visionary entrepreneur, this parcel of land beckons with the promise of possibility. Our team is here to support your vision every step of the way, from initial concept to final execution. Don't miss out on this extraordinary chance to shape the future of Leesburg. Contact us today to learn more about this exceptional property and unlock its full potential.

Features

  • Lot Size: 0 x 0 x 0 x 0 x 0 x 0 x 0
  • Lot Desc: Buildable
  • MLS#: U8252887
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/U8252887/1712connellroad_leesburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 1:07:57 PM)
Listing courtesy of Real Broker LLC   Phone: 407-279-0038

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1712 Connell ROAD, Leesburg, FL, 34748

$3,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,600,000 $2,600,000 $2,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,864 $16,864 $23,008
Total Monthly Payment $16,989 $16,989 $23,133

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.