Lotus Path
Mascotte, FL 34753
- – beds
- – baths
- – sqft
- ~5 acre lot
- – on site
More homes
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 checked:
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Last updated Mar 14, 2025
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MLS# G5066833 —
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions: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.
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Latitude:28.58082
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Longitude:-81.905916
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Coordinates:-81.905916, 28.58082
The Property
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Parcel Number:102224020000000500
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Property Type:Land
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Lot Features:Buildable
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Lot Size Acres:4.5
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Lot Size Area:4.5914
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Lot Size SqFt:200000
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Lot Size Dimensions:468 x 482 x 241 x 275 x 128 x
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Lot Size Units:Acres
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Total Acres:2 to less than 5
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Current Use:Mixed Use
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View:false
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Fencing:Boundary Fencing
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Water Source:None
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Road Surface Type:Dirt
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Road Frontage Type:Access Road
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Flood Zone Code:X
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Additional Parcels:false
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Price Per Acre:72222
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Easements:North Side
Listing Agent
- Contact info:
- Agent phone:
- (407) 488-3446
- Office phone:
- (321) 527-5111
Taxes
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Tax Year:2022
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Tax Legal Description:TBD prior to closing.
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Tax Book Number:70
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Tax Annual Amount:3568
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electrical Nearby
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Sewer:None
The Community
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Waterview:false
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Water Access:false
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Waterfront:false
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Association:false
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Ownership:Fee Simple
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/10/25
Mar 10, 2025
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Sold | STELLAR_MLS | $325,000 | |
9/6/23
Sep 6, 2023
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Pending | STELLAR_MLS | $325,000 | |
5/22/23
May 22, 2023
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Price Changed | STELLAR_MLS | $325,000 | -9.7% |