$1,000,000
$200K PRICE INCREASE

24439 Sorrento Ave Sorrento, FL 32776

Estimated payment $5,481/month

Total Views 19,753
1.37 Acres
$729,927 Price per Acre
59,677 Sq Ft Lot

Highlights

  • 1.37 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

These 4 lots totaling 272' frontage create a hard corner on the NW side of the signalized intersection of FL-46/Sorrento Ave (14,500 AADT) and CR 437 (13,200 AADT). These 1.37 acres of R-6 land are approved for any commercial land use allowable in the Lake County LDC with maximum impervious lot coverage and minimal setbacks. This parcel is completely graded to road level, offering minimal site work, and is a rare shovel-ready opportunity. Located inside the Orlando-Kissimmee MSA, the third largest in the state of Florida with a massive population of 2,673,000 residences and growing at 2.4% times the growth rate of the United States and accurately named 2nd of the fastest growing U.S. cities. Attracting an affluent college-educated population seeking jobs in an ever growing sector job market with a historic low unemployment rate of just 3%.  Located in the 17th largest county in the state of Florida,  Lake County is  home to the #1 retirement community “The Villages” which houses 383,000 residences growing at 2.6% annually.Disclaimer: All information provided herein is for marketing purposes only and is not guaranteed for accuracy. Prospective buyers or tenants are encouraged to conduct their own independent due diligence. The seller, broker, and associated parties make no representations or warranties, expressed or implied, as to the accuracy or completeness of this information. All dimensions, zoning details, financial data, and other property-related facts should be independently verified. Please consult with appropriate licensed professionals before making any investment or purchasing decisions.

Listing Agent

Elias Kirallah

Century 21 J.W.Morton R.E. License #3123414 Listed on: 10/05/2023

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $891

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 214x272
  • Corner Lot
  • Level Lot
  • Additional Parcels
  • Property is zoned CP

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$891

Lot Details

0

Listing Details

  • Directions: The property is a corner lot that is located between Craig Ave., Sorrento Ave., and Highway 437.
  • Lot Size Acres: 1.37
  • Lot Size: 214x272
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Subdivision Name: Not on List
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Acreage, Corner Lot, Flat
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels Description: 1681626, 1681634, 2687894
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 59677.0
  • Zoning: CP
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 890.85
  • Tax Year: 2022

Map

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $953 $65,863 $65,634 $229
2024 $953 $65,863 $65,634 $229
2023 $953 $65,863 $65,634 $229
2022 $891 $59,897 $59,668 $229
2021 $810 $54,472 $0 $0
2020 $861 $54,472 $0 $0
2019 $804 $49,489 $0 $0
2018 $741 $46,407 $0 $0
2017 $738 $46,407 $0 $0
2016 $1,782 $94,654 $0 $0
2015 $1,814 $93,490 $0 $0
2014 $1,817 $92,430 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Price Changed $1,000,000 +25.0% --
04/18/2024 04/18/24 For Sale $800,000 0.0% --
04/05/2024 04/05/24 Pending -- -- --
10/05/2023 10/05/23 For Sale $800,000 -- --
Source: REALTORS® Association of Citrus County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $128,000 --
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 827580

REALTORS® Association of Citrus County

APN: 30-19-28-0400-008-00200