#S5124565, Carmen Rivera, Listing office: PROPERTY SHOP UNLIMITED INC
Property details
About 4798 Indigo Rd
Unlock the potential of Central Florida with this exceptional 42-acre investment opportunity, perfectly positioned in the heart of Groveland. Comprising **two contiguous parcels—28 acres and 14 acres—**this expansive property offers endless possibilities for developers, investors, or visionaries seeking to create a residential community, large-scale development, or the dream home you have always envisioned.. Adding even more value, the property includes a 2-bedroom, 2-bathroom home, ideal for a residence, or a temporary base during development. A detached garage/workshop provides additional space for storage, hobbies, or operational use. Located just 35 minutes from downtown Orlando, the site offers excellent access to US-33 and is only minutes from the Florida Turnpike, blending connectivity with the tranquility of Groveland’s picturesque landscapes. As one of the fastest-growing cities in Lake County, Groveland is celebrated for its scenic beauty, outdoor recreation, and surging demand for quality residential developments. With generous acreage to support modern infrastructure, community amenities, and homes that showcase the area's natural charm, this property is a rare gem. Whether you're planning a signature development or seeking a high-potential land investment near one of Florida’s most dynamic urban hubs, this offering stands out. Don’t miss this unique opportunity to shape the future in one of Central Florida’s most desirable and fast-growing regions.
Highlights
Summary
- List Price: $2,700,000
- HOA Amount: $0
- Annual Tax Amount: $5,397
- Tax Year: 2023
- Directions: Head north on FL-33 N toward Market Pl Ln, Turn right onto Indigo Rd. - the Property will be on the right side.
- Lot Size: 42 Acres
- MLS Number: TB8369885
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS REALTY- PALM H
- Office Phone: (727) 772-0772
- Listing Agent: Brandon Rimes
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Last updated on: 7/30/2025, 10:34:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 13, 2018 | Home Sold | $320,000 |
Jan 06, 2017 | Home Sold | $150,000 |
Oct 29, 2013 | Home Sold | $140,000 |
Jun 07, 2010 | Home Sold | $110,000 |
Jan 24, 2008 | Home Sold | $380,000 |
Sep 15, 1997 | Home Sold | $145,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $407,389 | $5,397 |
2022 | $295,548 | $4,362 |
2021 | $268,701 | $4,362 |
2020 | $272,891 | $4,104 |
2019 | $271,509 | $4,401 |
2018 | $161,253 | $2,727 |
2017 | $166,774 | $2,783 |
History based on county public records data.
Nearby schools
5
Mascotte Elementary School
Public Charter PK-5
5.0 mi
•460 Midway Ave
3
Groveland Elementary School
Public District PK-5
6.5 mi
•930 Parkwood Ave
8
Cypress Ridge Elementary School
Public Magnet PK-5
9.4 mi
•350 East Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,789. The most common annual income of people living in Groveland, FL is between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 4798 Indigo Rd
The listing price of 4798 Indigo Rd property is $2,700,000.
The property 4798 Indigo Rd is land located in Groveland, Florida, 34736.
Active Listing: 4798 Indigo Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4798 Indigo Rd are: Mascotte Elementary School (GreatSchools Rating 5/10), Groveland Elementary School (GreatSchools Rating 3/10), Cypress Ridge Elementary School (GreatSchools Rating 8/10), Cecil E. Gray Middle School (GreatSchools Rating 4/10), Minneola Conversion Charter School (GreatSchools Rating 7/10), Pinecrest Lakes Academy (GreatSchools Rating 10/10), South Lake High School (GreatSchools Rating 4/10), Lake Minneola High School (GreatSchools Rating 5/10), Leesburg High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $5,397 (source: MLS/based on county public records data).
The last sale was on June 13, 2018 for $320,000 (source: MLS/tax record).
The property 4798 Indigo Rd is 42 acres.
This home is located at 4798 Indigo Rd in Groveland, FL and zip code 34736. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $2,700,000.
While more than 9 listings in Groveland, FL in June 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 24 were sold below. Between May and June 2025, Groveland, FL real estate market has seen decrease in the number of listings by 5%. In June 2025 median list price was $382,495 and the average listing age was 65 days.