$650,000
PENDING $25K PRICE DROP

0 Citrus Tower Blvd Unit MFRG5101055 Clermont, FL 34711

Estimated payment $4,093/month

Total Views 4,619
0.49 Acre
$1,326,531 Price per Acre
21,344 Sq Ft Lot

About This Lot

Under contract-accepting backup offers. Nestled within Clermont’s thriving commercial corridor, this pad-ready 0.49-acre site in Governors Lake Commerce Center presents a rare opportunity to invest in one of Central Florida’s fastest-growing markets. Known as the “Choice of Champions,” Clermont combines rolling hills, scenic lakes, and a pro-business environment, making it a magnet for families, professionals, athletes, and investors alike. This property is fully engineered and surveyed with utilities, drainage, and cross-access in place—offering immediate development potential and reducing costly time-to-market delays. With zoning approvals already accommodating buildings up to 20,000 square feet, the site is perfectly suited for retail, office, medical, or service-based uses. The location could not be more strategically positioned along Citrus Tower Boulevard, the property benefits from excellent visibility and seamless connectivity to SR-50 and US-27, Clermont’s main transportation arteries. Just minutes away, major commercial anchors are reshaping the local landscape. Cross Ridge Exchange, a vibrant hub blending retail, restaurants, medical offices, and drive-thru end-caps, has set the tone for high-quality mixed-use growth. The nearby Clermont Landing Shopping Center—with its retail mix, restaurants, and movie theater—draws steady regional traffic, while additional pad sites along US-27 demonstrate strong retailer demand. At the same time, the city’s ambitious Downtown–Waterfront Master Plan is transforming the core with enhanced streetscapes, multi-use trails, and signature amenities like Victory Pointe, a stormwater park that doubles as a public event venue and recreation hub. Together, these projects illustrate the upward trajectory of Clermont’s commercial vitality. Surrounding land use further strengthens the case for investment. Just north of SR-50, Clermont Commons offers industrial and flex buildings with full utilities, underscoring the city’s business-friendly infrastructure. A new 12.3-acre mixed-use development near Victory Pointe will bring additional housing and retail, fueling foot traffic and neighborhood vibrancy. South Lake Hospital and health-related campuses add another layer of demand, making the area especially attractive for medical and professional office operators. This synergy of retail, residential, medical, and recreation creates a high-traffic, amenity-rich ecosystem where your development will thrive. Clermont’s demographics mirror its growth story: a rapidly expanding population, strong household incomes, and a lifestyle centered on wellness and recreation. With average commercial rents approaching $40–45 per square foot, low vacancy rates, and sustained tenant demand, the economics strongly favor new construction. For an investor, developer, or end user, the pad-ready advantage means capital can be deployed efficiently, accelerating build-to-suit opportunities and positioning your project to capitalize on the momentum already surrounding this site. In a community that celebrates progress while honoring its natural charm, this property is more than land—it is a gateway to establishing a flagship presence in Clermont’s next chapter of growth. The groundwork is laid, the vision is clear, and the market is ready. Now is the time to bring your project to life at Governors Lake Commerce Center.

Listing Agent

Misty Noland

ERA GRIZZARD REAL ESTATE Brokerage Phone: 352-735-4433 License #3180401 Listed on: 08/21/2025

ERA GRIZZARD REAL ESTATE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,749

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 69x240x109x240
  • Northwest Facing Home

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 05-23-26-0050-000-00900

Property Details

Property Type

Land

Est. Annual Taxes

$7,749

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.49
  • Lot Size Sq Ft: 21321
  • Status: Pending
  • Ownership: Fee Simple
  • Escrow City: Clermont
  • Escrow State: FL
  • Escrow Street Name: S HWY 27 UNIT 204
  • RATIO Current Price By Calculate: 30.49
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-735-4433
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: Northwest
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0590E

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 05-23-26-0050-000-00900
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Dimensions: 69x240x109x240
  • Flood Zone Code: X500

Tax Info

  • Tax Annual Amount: 7749.03
  • Tax Book Number: 72-88-92
  • Tax Lot: 9

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Pending -- -- --
09/22/2025 09/22/25 Price Changed $650,000 -3.7% --
08/21/2025 08/21/25 For Sale $675,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: G5101055

Stellar MLS