$2,700,000

4798 Indigo Rd Groveland, FL 34736

Estimated payment $15,201/month

Total Views 4,123
42 Acres
$64,286 Price per Acre
1,829,520 Sq Ft Lot

About This Lot

Unlock the potential of Central Florida with this exceptional 42-acre investment opportunity, perfectly positioned in the heart of Groveland. Comprising **two contiguous parcels—28 acres and 14 acres—**this expansive property offers endless possibilities for developers, investors, or visionaries seeking to create a residential community, large-scale development, or the dream home you have always envisioned..

Adding even more value, the property includes a 2-bedroom, 2-bathroom home, ideal for a residence, or a temporary base during development. A detached garage/workshop provides additional space for storage, hobbies, or operational use.

Located just 35 minutes from downtown Orlando, the site offers excellent access to US-33 and is only minutes from the Florida Turnpike, blending connectivity with the tranquility of Groveland’s picturesque landscapes. As one of the fastest-growing cities in Lake County, Groveland is celebrated for its scenic beauty, outdoor recreation, and surging demand for quality residential developments.

With generous acreage to support modern infrastructure, community amenities, and homes that showcase the area's natural charm, this property is a rare gem. Whether you're planning a signature development or seeking a high-potential land investment near one of Florida’s most dynamic urban hubs, this offering stands out.

Don’t miss this unique opportunity to shape the future in one of Central Florida’s most desirable and fast-growing regions.

Listing Agent

Brandon Rimes

KELLER WILLIAMS REALTY- PALM H Brokerage Phone: 727-772-0772 License #3228106 Listed on: 04/10/2025

KELLER WILLIAMS REALTY- PALM H

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,865

Lot Details

  • 42 Acre Lot
  • Lot Dimensions are 1011x1497
  • North Facing Home
  • 2 Lots in the community
  • Additional Parcels

Schools

  • Gray Middle School
  • South Lake High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-21-24-0004-000-00800

Property Details

Property Type

Land

Est. Annual Taxes

$5,865

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 42
  • Lot Size Sq Ft: 1829520
  • Number Of Lots: 2
  • Directions to Property: Head north on FL-33 N toward Market Pl Ln, Turn right onto Indigo Rd. - the Property will be on the right side.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow Postal Code: 33626
  • Escrow State: FL
  • Escrow Street Name: W. Linebaugh Avenue Suite 102
  • Escrow Street Number: 13029
  • List Office Head Office Key Nume: 1038420
  • RATIO Current Price By Calculate: 1.48
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Attribution Contact: 727-772-0772
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4798

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-12-18
  • Flood Zone Panel: 12069C0470E
  • Price Per Acre: 64286

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • High School: South Lake High
  • Middle Or Junior School: Gray Middle

Lot Info

  • Zoning: A
  • Parcel Number: 23-21-24-0004-000-00800
  • Additional Parcels Description: 23-21-24-0004-000-00400
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Dimensions: 1011x1497
  • Flood Zone Code: X
  • Lot Size Square Meters: 169968

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 5865
  • Tax Block: 000
  • Tax Book Number: 5124/1739

Map

Range of Values:

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Average Value
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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 $5,398 $422,673 $238,820 $183,853
2024 $5,398 $422,673 $238,820 $183,853
2023 $5,398 $407,389 $230,945 $176,444
2022 $4,363 $295,548 $121,620 $173,928
2021 $4,105 $268,701 $0 $0
2020 $4,198 $272,891 $0 $0
2019 $4,401 $271,509 $0 $0
2018 $2,728 $161,253 $0 $0
2017 $2,784 $166,774 $0 $0
2016 $2,578 $149,084 $0 $0
2015 $2,467 $136,481 $0 $0
2014 $2,337 $126,479 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $2,700,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 Orlando Title Services Llc
Warranty Deed $150,000 None Available
Warranty Deed $140,000 Attorney
Special Warranty Deed $110,000 New House Title
Trustee Deed -- Attorney
Special Warranty Deed -- New House Title Llc
Trustee Deed -- Attorney
Warranty Deed $380,000 First American Title Ins Co
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 Stand Alone First
Previous Owner $110,000 Purchase Money Mortgage
Previous Owner $1,333 Balloon
Previous Owner $342,000 Purchase Money Mortgage
Previous Owner $135,300 New Conventional
Previous Owner $35,500 Credit Line Revolving
Previous Owner $94,497 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: TB8369885

Stellar MLS

APN: 23-21-24-0004-000-00800