$325,000
SOLD MAR 10, 2025

0 Lotus Path Mascotte, FL 34753

4.5 Acres
$72,222 Price per Acre
196,020 Sq Ft Lot

Recently Sold

10% Below List Price

164 Days on Market

Highlights

  • 4.5 Acre Lot
  • Fenced
  • Level Lot
  • No HOA

About This Lot

As of March 2025

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.

Last Agent to Sell the Property

Brandie Mathison-Klein

KELLER WILLIAMS ELITE PARTNERS III REALTY Brokerage Phone: 321-527-5111 License #3039546 Listed on: 03/24/2023

KELLER WILLIAMS ELITE PARTNERS III REALTY

Co-Listed By

Gus Ortiz

KELLER WILLIAMS ELITE PARTNERS III REALTY Brokerage Phone: 321-527-5111 License #3387381

Last Buyer's Agent

Brandie Mathison-Klein

KELLER WILLIAMS ELITE PARTNERS III REALTY Brokerage Phone: 321-527-5111 License #3039546 Listed on: 03/24/2023

KELLER WILLIAMS ELITE PARTNERS III REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,568

Lot Details

  • 4.5 Acre Lot
  • 468 Ft Wide Lot
  • Dirt Road
  • Fenced
  • Level Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-22-24-0200-000-00500

Property Details

Property Type

Land

Est. Annual Taxes

$3,568

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.5
  • Lot Size Sq Ft: 200000
  • Directions to Property: 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.
  • Status: Sold
  • Co List Office Mls Id: MFR260505076
  • Co List Office Phone: 321-527-5111
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • RATIO Current Price By Calculate: 1.63
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • AG Exemption YN: 0
  • Attribution Contact: 321-527-5111
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Access Road
  • Waterfront: No
  • Road Surface Type: Dirt, Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 72222
  • Easements: North Side

Utilities

  • Utilities: Electrical Nearby, Utility Pole, Water Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Parcel Number: 10-22-24-0200-000-00500
  • Additional Parcels: No
  • Current Use: Mixed Use
  • Fencing: Boundary Fencing
  • Lot Features: Buildable, City Limits, Level
  • Lot Dimensions: 468 x 482 x 241 x 275 x 128 x
  • Flood Zone Code: X
  • Lot Size Square Meters: 18581
  • Current Adjacent Use: Residential
  • Future Land Use: PUD-DM

Tax Info

  • Tax Annual Amount: 3568
  • Tax Book Number: 70

Range of Values:

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Average Value
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List Price
Sold 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 Change Sq Ft Price
03/10/2025 03/10/25 Sold $325,000 0.0% --
09/05/2023 09/05/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $325,000 -9.7% --
03/24/2023 03/24/23 For Sale $360,000 +94.6% --
07/07/2022 07/07/22 Sold $185,000 -11.9% --
05/07/2022 05/07/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $209,900 0.0% --
03/30/2022 03/30/22 Pending -- -- --
02/07/2022 02/07/22 Price Changed $209,900 -4.5% --
12/07/2021 12/07/21 Price Changed $219,900 -8.3% --
12/06/2021 12/06/21 For Sale $239,900 +29.7% --
06/04/2021 06/04/21 Off Market $185,000 -- --
09/29/2020 09/29/20 Price Changed $174,900 -2.8% --
07/25/2020 07/25/20 For Sale $179,900 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5066833

Stellar MLS