Smith RoadGroveland, FL 34736Price: $899,000

  • Price: $899,000
  • Est. Mortgage of $/month
  • 649 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $899,000List Price
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

Property Details of Smith Road

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Richard Bisaillon of COLDWELL BANKER HUBBARD HANSEN (352-394-4031)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 12:17 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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