Smith Road, FL
Stellar MLS

$899,000

Smith Road

Groveland, FL 34736

Active
0
Baths
8.6
Acres
8.6 acres$2/sqft
Land

Property type

374,616 sqft

Lot size

$2

Price / sq ft

No HOA

HOA dues

452

Days on market

A,X

Flood zone

About this home

Captivating 8.6-Acre Ranchette with Lucrative Future Development Potential! Welcome to your dream property in the heart of a dynamic, transitioning area poised for remarkable growth. This 8.6-acre ranchette offers the perfect blend of current agricultural use and tremendous future development potential. Key Features: Corner lot in a Prime Location: Located in a semi-rural area transitioning from agriculture to metro Orlando-style residential development. Convenient access to County Rd 33 via the soon-to-be widened and paved Smith Rd, ensuring seamless connectivity. Agricultural Excellence: Fully fenced property, thoughtfully divided into three sections: a nursery, a large primary pasture, and a dedicated area with a squeeze chute for easy cattle loading. A custom-built 18 x 36-foot pole barn, ideal for sheltering livestock or storing equipment. A private well supplying water to four strategically placed watering stations. Future Development Goldmine: Future Land Use designation allowing for 8 units per acre, with permissible uses including single and attached residential, civic uses (such as parks and lift stations), and minor commercial to support the forthcoming residential community. Adjacent to a 250-acre commercial cattle operation with an approved subdivision, ensuring significant development activity in the immediate vicinity. Investment Opportunity: Capitalize on the current cattle-raising operations while positioning yourself to reap the rewards of future residential and commercial developments. NOTE: The project to expand and upgrade Smith Rd got underway October 2025. It encompasses installation of water and sewer lines, underground utilities, topographical work and paving from County Rd 33 to the new Loucks Island Subdivision. A unique chance to secure a substantial tract of land in an area with skyrocketing development potential. Don’t miss out on this rare opportunity to enjoy the best of both worlds – a thriving agricultural lifestyle now and the promise of lucrative development returns in the near future. Schedule your showing today and explore the limitless possibilities this extraordinary property has to offer! Feel free to let me know if there are any additional details or adjustments you'd like to include! One of the co-owners is a Licensed Real Estate Agent in the State of Florida

Estimated monthly payment

Principal & interest$4,546
Property taxes$8
Home insurance (est.)$412

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history452 days on market

  1. Status: Active
    Aug 5, 2024
  2. Listed$899,000
    Aug 5, 2024
  3. Price increased$899,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
452
Subdivision
Groveland Farms 03-22-24
County
Lake
Price/sq ft
$2
Lot size
374,616 sq ft
Lot category
5 to less than 10
Flood zone
A,X (12069C0535E)
Annual taxes
$99 (2023)
Parcel #
01-22-24-0201-022-00000
Zoning
A
MLS #
G5085377

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Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Other

Utilities

Sewer
None
Water source
Well
Utilities
Electricity Available

Community

Pets allowed
Yes

Listing Details

Listing date
2024-08-05
On market date
2024-08-05
Original list price
$899,000
MLS area
34736 - Groveland
Listing AOR
Lake and Sumter
Status changed
2024-08-05
Tax legal description
MASCOTTE GROVELAND FARMS 3-22-24 PB 2 PG 10-11 TRACT 22--LESS BEG AT NE COR OF TRACT 22 RUN S 0-43-38 W 70 FT N 89-23-48 W 452.55 FT S 55-47-05 W 253.67 FT TO W LINE OF TRACT 22 N 0-42-44 E 214.84 FT TO NW COR OF TRACT 22 S 89-23-48 E 660.55 FT TO PO B ORB 2525 PG 2079 ORB 3207 PGS 873 875

Flood risk

High riskFEMA Zone A,XPanel 12069C0535E

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From State Rd 50 in Mascotte go NORTH on County Rd 33 approximately 2 miles. Turn LEFT on Smith Rd. Turn LEFT once past the Orange Grove

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information 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.

Based on information submitted to the MLS GRID as of October 31, 2025 at 9:53 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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