Catylist ID:
#30634722
15 ac for Apts/Senior Housing @ The Villages
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30634722 |
| Property Subtypes: | Agricultural, Multi-Family |
| Status: | Pending |
| Gross Land Area: | 15 Acres |
| Sale Price: | $3,000,000 |
| Unit Price: | $200,000 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/28/2020 |
Overview / Comments
|
PROPERTY DESCRIPTION - This 15 acre parcel is contiguous to The Villages is ready to be annexed into the city of Wildwood and developed. The site is cleared and actively being used as pasture land. It is well located in one of Americas fastest growing golfing communities, with all utilities to the site. The site would be ideal for apartments, rental housing, senior housing or neighborhood commercial uses. The city of Wildwood has indicated density of up to 24 units per acre is achievable with annexation. Water and sewer are to the property. LOCATION DESCRIPTION - The property is located at 2072 CR 501, Wildwood, FL 34785. It is on the west side of CR 501, south of Warm Springs Avenue and west of the Florida Turnpike in the center of "The Villages" new 85,000 home “Age Restricted” expansion that is well under way. The parcel is currently surrounded by occupied homes and golf courses, with new retail under construction. PROPERTY SIZE - 15.0 Acres ZONING - AGR |
Additional Details
| Nearest MSA: | The Villages |
| County: | Sumter |
| Tax ID/APN: | G33-025 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 10,269 | 21,045 |
| Median Age: | 46.62 | 48.61 |
| Households: | 1,964 | 6,504 |
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