Fernanda Pizzammiglio

Fernanda Pizzammiglio Florida Realtor 🇺🇸 🇧🇷

$2,000,000.00
12500 STATE ROAD 33, GROVELAND, FL - 34736
2,346 sqft
$2,000,000.00
12500 STATE ROAD 33, GROVELAND, FL - 34736
Fernanda Pizzammiglio
$2,000,000.00
2,346 sqft
12500 STATE ROAD 33, GROVELAND, FL - 34736
For Sale
Photo 1
  • Built in 1964
  • $852.51/sqft
  • Lot size: 9.29 acres
  • 15 days on market

--9+ Acres of Prime Commercial Land with Income-Producing Restaurant-- This offering combines a rare large corner parcel in Groveland with an established business already in place. Located on State Road 33, just minutes from major Central Florida growth corridors, this 9+ acre property provides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as the Red Wing Restaurant, a well-known local landmark. The building features indoor seating plus an outdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the property’s scale and versatility. With over 9 acres available, future possibilities include: Restaurant expansion to capture regional demand, Development of a large barn or event venue for weddings and gatherings, A farm-to-table hospitality concept that leverages the acreage, Alternative commercial, hospitality, or mixed-use projects benefiting from strong area growth. As Lake County continues to see rapid residential and commercial expansion, parcels of this size are becoming increasingly scarce. This property provides the best of both worlds: an operating business today and a development play for tomorrow.

  • Directions: 50W to Groveland. Turn Left onto State Road 33. Follow down 2 miles, the property is on the Right.
  • County: Lake
  • Geo subdivision: EDGES SUB

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Fernanda Pizzammiglio

Fernanda Pizzammiglio

Florida Realtor 🇺🇸 🇧🇷
Stellar MLS
  • Source: Stellar MLS
  • MLS #: O6347931
Listing updated: October 16, 2025 at 1:16PM
Listing provided by: David Dorman, CENTURY 21 CARIOTI
Last checked 2 hours ago
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