39+- ac Multi-Family in City of Wildwood

Vacant Land for Sale
Catylist Listing ID: 30028961
Property Subtypes: Multi-Family
Gross Land Area: 39 Acres
Sale Price: $2,000,000
Unit Price: $51,282 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2020

Overview / Comments

PROPERTY DESCRIPTION - This 39 acre property was annexed into the City of Wildwood with mixed use designation. The current zoning allows for up to 7 units per acre on up to 80% of the property with the remainder having to be commercial. The property is currently pasture land with a house on it. However, due to its proximity to The Villages, it is ripe for development. Water and sewer are available to the site.

LOCATION DESCRIPTION - The property is located on the SW corner of CR 472 and CR 117 in the city of Wildwood, FL. It is located less than a half mile from The Villages and their Arnold Palmer Golf Course. Both shopping and recreation amenities are just minutes away in The Villages. This area is in need of housing for those working in the nearby vicinity under the age of 55!

PROPERTY SIZE - 39.0 Acres

ZONING - NMU-7 (Neighborhood Mixed Use, 7 units per acre)

PARCEL ID- D20=030

Additional Details

Nearest MSA: The Villages
County: Sumter
Tax ID/APN: D20-030

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 40,869 66,303
Median Age: 65.37 64.82
Households: 21,620 34,845

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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