- Lori Ann Bugliaro P.A., PA,REALTOR ®
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- 12500 State Road 33, GROVELAND, FL 34736
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- MLS#: O6347931 ( Commercial Sale )
- Street Address: 12500 State Road 33
- Viewed: 172
- Price: $1,800,000
- Price sqft: $587
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 3066
- Days On Market: 223
- 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

- DMCA Notice
-
Description**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.
Property Location and Similar Properties
All
Similar
Features
Accessibility Features
- Accessible Doors
- Accessible Entrance
- Visitor Bathroom
Appliances
- Dishwasher
- Microwave
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Zoned
Country
- US
Covered Spaces
- 0.00
Electric
- 200+ Amp Service
Flooring
- Ceramic Tile
- Tile
- Slate
Garage Spaces
- 0.00
Green Energy Efficient
- Thermostat
- Water Heater
Heating
- Central
- Heat Pump
- Zoned
Insurance Expense
- 0.00
Legal Description
- EDGE'S SUB LOT 20 PB 4 PG 37 ORB 3255 PG 1956 ORB 3315 PG 245
Living Area
- 2346.00
Lot Features
- Corner Lot
- Street Lights
Area Major
- 34736 - Groveland
Net Operating Income
- 0.00
Occupant Type
- Owner
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Other
- Outbuilding
Parcel Number
- 31-22-25-0100-000-02000
Parking Features
- Deeded
- Ground Level
- Over 30 Spaces
- RV Access/Parking
Property Type
- Commercial Sale
Road Frontage Type
- City Street
- State Road
Roof
- Membrane
- Shingle
Sewer
- Septic Tank
Tax Year
- 2024
Township
- 22S
Utilities
- Phone Available
- Private
Views
- 172
Virtual Tour Url
- https://my.matterport.com/show/?m=24u8XKXXyKt&mls=1
Water Source
- Well
Year Built
- 1964
Zoning Code
- CP
Disclaimer: All information provided is deemed to be reliable but not guaranteed.
Listing Data ©2026 Greater Fort Lauderdale REALTORS®
Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2026 REALTOR® Association of Citrus County
Listing Data ©2026 Royal Palm Coast Realtor® Association
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on May 12, 2026 @ 12:00 am
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