Clark Street

Leesburg, FL 34748

15.48 acres which are proposed for development with 11, three-story (walk-up) apartment buildings and one clubhouse/leasing/activities building. The proposed development will contain 264 dwelling units (278, 850 square feet NRA) and feature one, two and three-bedroom units. The subject site is part of a larger mixed-use development, that has frontage on Dixie Avenue and extends south to Clark Street. The larger development comprises 49.49 acres and will be developed with a 163-unit senior living facility, 105 room Marriott Town Place Suites hotel, 93, 000 SF of medical office space, 20, 000 SF of retail space, a 40, 000 SF UF Health facility, and the subject’s 264-unit, Class A apartment complex. Much of the internal roads and infrastructure for the overall development is in place and the subject is essentially a pad-ready site. Sellers have decided to leave the construction and management to a seasoned expert and simply take an equity portion of the project. They are not looking for a cash sale.

Listing courtesy of COMMERCIAL REAL ESTATE PROF IN



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Data last updated at: 2023-06-01 09:50 PM EDT