12500 State Road 33, GROVELAND, FL 34736
Contact David M Dorman
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Priced at Only: $2,000,000
Address: 12500 State Road 33, GROVELAND, FL 34736
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Property Location and Similar Properties
- MLS#: O6347931 ( Commercial Sale )
- Street Address: 12500 State Road 33
- Viewed: 109
- Price: $2,000,000
- Price sqft: $652
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 3066
- Days On Market: 181
- Acreage: 9.29 acres
- Additional Information
- Geolocation: 28.5287 / -81.8475
- County: LAKE
- City: GROVELAND
- Zipcode: 34736
- Subdivision: Edges Sub
- Provided by: CENTURY 21 CARIOTI
- Contact: David Dorman
- 407-573-2121

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DescriptionHeres a **fully rewritten, SEO optimized version** designed to perform on **Zillow, Realtor.com, Google, and AI search platforms**clean, keyword rich, and positioned for both investors and developers: **Groveland Florida Commercial Land for Sale | 9+ Acres on State Road 33 | Income Producing Property with Restaurant** Rare opportunity to acquire **9+ acres of commercial land in Groveland, Florida** with **existing income producing use** and significant future development potential. Located directly on **State Road 33**, this high visibility **corner parcel** sits within one of Central Floridas fastest growing corridors, offering strong long term upside for investors, developers, and owner users. The property is currently home to the well established **Red Wing Restaurant**, a recognized local destination generating **ongoing cash flow**. The existing improvements include a fully operational restaurant building with **indoor dining and a large screened banquet/event space**, supporting private events, group gatherings, and expanded seating capacity. While the current business provides immediate income, the true value lies in the **scale, location, and flexibility of this 9+ acre commercial site**. Key highlights include: * **9+ acres of commercial land in Groveland Florida** * **High visibility frontage on State Road 33** * **Operating restaurant with established customer base** * **Large corner lot with excellent access and exposure** * **Income producing asset with future redevelopment potential** This property is well positioned for a wide range of **commercial and hospitality uses**, including: * Expansion of the existing restaurant or redevelopment into a larger dining destination * Development of a **wedding venue, event barn, or agritourism concept** * Creation of a **farm to table restaurant or hospitality experience** * Mixed use or commercial development aligned with surrounding growth Located in Groveland within rapidly expanding **Lake County**, this site benefits from increasing residential density, rising demand for commercial services, and proximity to major Central Florida markets including Clermont, Minneola, and Orlando. Large acreage commercial parcels with **existing income and development potential** are becoming increasingly difficult to find in this area. This offering provides a unique combination of **current cash flow, prime location, and long term investment upside**. If you are searching for **commercial land for sale in Groveland Florida**, a **restaurant property with land**, or a **development opportunity in Lake County**, this property stands out as a high potential investment.
Features
Building and Construction
- Covered Spaces: 0.00
- Flooring: Ceramic Tile, Tile, Slate
- Living Area: 2346.00
- Other Structures: Other, Outbuilding
- Roof: Membrane, Shingle
Land Information
- Lot Features: Corner Lot, Street Lights
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Deeded, Ground Level, Over 30 Spaces, RV Access/Parking
Eco-Communities
- Green Energy Efficient: Thermostat, Water Heater
- Water Source: Well
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Zoned
- Electric: 200+ Amp Service
- Heating: Central, Heat Pump, Zoned
- Road Frontage Type: City Street, State Road
- Sewer: Septic Tank
- Utilities: Phone Available, Private
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Accessibility Features: Accessible Doors, Accessible Entrance, Visitor Bathroom
- Appliances: Dishwasher, Microwave, Refrigerator
- Country: US
- Legal Description: EDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245
- Area Major: 34736 - Groveland
- Occupant Type: Owner
- Parcel Number: 31-22-25-0100-000-02000
- Views: 109
- Zoning Code: CP
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
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