Fernanda Pizzammiglio

Fernanda Pizzammiglio Florida Realtor 🇺🇸 🇧🇷

$1,800,000.00
12500 STATE ROAD 33, GROVELAND, FL - 34736
2,346 sqft
$1,800,000.00
12500 STATE ROAD 33, GROVELAND, FL - 34736
Fernanda Pizzammiglio
$1,800,000.00
2,346 sqft
12500 STATE ROAD 33, GROVELAND, FL - 34736
For Sale
Photo 1
  • Built in 1964
  • $767.26/sqft
  • Lot size: 9.29 acres
  • 215 days on market

Here’s 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 Florida’s 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. - ---

  • 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: April 29, 2026 at 1:13PM
Listing provided by: David Dorman, CENTURY 21 CARIOTI
Last checked 2 hours ago
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