Lot 51 Magnolia Terrace

Montverde, FL 34756

– beds
– baths
– sqft
~3/4 acre lot
– on site

More homes

Welcome to a one-of-a-kind opportunity in the heart of Montverde, Florida! Nestled within the highly sought-after community of Magnolia Terrace, this extraordinary vacant lot offers an expansive canvas for your imagination to run wild. With a sprawling 0.81 acres of high and dry land, it's a rare gem in the real estate world. Imagine designing and building the home you've always envisioned, tailored to your unique tastes and preferences. With this generous lot size, your dream home can come to life in this very convenient and highly desired location. BUT WAIT, THERE'S MORE! For those seeking even more space and possibilities, you have the option to combine this lot with the adjacent 5BR, 4BA, 3900 SF pool home on 0.9 acres listed under MLS ID G5072276. The synergy of these two properties totaling 1.71 acres opens up limitless opportunities. This property boasts a location that truly defines convenience. Less than a mile away from downtown Montverde and the esteemed Montverde Academy, you'll have quick access to education and local amenities. Adjacent to the renowned Bella Collina, you'll be surrounded by elegance and upscale living. Plus, easy access to the Turnpike and a short drive to historic Clermont and downtown Winter Garden ensure that you're always connected to the best Central Florida has to offer. With this being the last available buildable lot in the coveted Magnolia Terrace community and the chance to combine it with an impressive pool home, it won't stay on the market for long. Schedule your appointment today, and seize the chance to create your own Montverde masterpiece before it's too late!

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS ELITE PARTNERS III REALTY

Last checked: Checking… • Last updated Sep 15, 2024 •

MLS# G5072282 —

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

Location

Directions:

From Florida Turnpike, Exit 272/SR 50, go West on SR-50 toward Clermont, Right on CR-455, through the round-abouts toward Montverde, Left on Ridgewood, Left at 2nd Magnolia Terrace entrance, property will be on your left.
Latitude:

28.589519
Longitude:

-81.685943
Coordinates:

-81.685943, 28.589519

The Property

Parcel Number:

112226130000005101
Property Type:

Land
Lot Features:

Buildable
Lot Size Acres:

0.81
Lot Size Area:

35284
Lot Size SqFt:

35284
Lot Size Dimensions:

340 x 100
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Current Use:

Residential
Direction Faces:

South
View:

false
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Road Frontage Type:

City Street
Flood Zone Code:

X
Additional Parcels:

false
Price Per Acre:

234568

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

051
Tax Legal Description:

MONTVERDE, MAGNOLIA TERRACE PHASE I SUB PB 43 PG 45-47 LOT 51 ORB 2252 PG 2423 ORB 3584 PG 881
Tax Book Number:

43/45-47
Tax Annual Amount:

1500

The Listing

Special Listing Conditions:

None

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Septic Needed

The Community

Subdivision Name:

MAGNOLIA TERRACE
Water View:

false
Water Access:

false
Waterfront:

false
Pets Allowed:

Yes
Pet Restrictions:

Pet restrictions have not been verified. It is buyer's responsibility to verify pet restrictions with the HOA.
Association:

true
Association Fee:

600
Association Fee Frequency:

Annually
Association Fee Requirement:

Required
Monthly HOA Amount:

50
Amenities Additional Fees:

$400 one time fee for initiation fee to Magnolia Terrace HOA. And $140 one time fee for secretarial fee to Magnolia Terrace HOA.
Ownership:

Fee Simple

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/27/23 Oct 27, 2023	Sold	STELLAR_MLS	$190,000	-15.6%
9/30/23 Sep 30, 2023	Pending	STELLAR_MLS	$225,000
9/20/23 Sep 20, 2023	Listed / Active	STELLAR_MLS	$225,000

Plot of land Sold on 10/27/2023

$190,000

Listing provided by broker:

Brandie Mathison-Klein

KELLER WILLIAMS ELITE PARTNERS III REALTY

Newest listings in Montverde, FL

Similar sold homes

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS ELITE PARTNERS III REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

Lot 51 Magnolia Terrace

Montverde, FL 34756