55.82 ac Residential 7 Units per acre Wildwood

Vacant Land for Sale
Catylist Listing ID: 30807728
Property Subtypes: Residential (Single Family)
Gross Land Area: 55.82 Acres
Sale Price: $4,500,000
Unit Price: $80,616 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2022

Overview / Comments

PROPERTY DESCRIPTION - The opportunity is to purchase 55.82± acres in Wildwood, FL. It's estimated that there are 12.5± acres of wetlands. The property iszoned Neighborhood Mixed Use-7 (NMU-7) which allows a maximum density of 7 units per acre. Sanitary Sewer force main is availablealong the East side of CR 213. There is currently no potable water available until the city completes the CR 209 water main extension.The project will be roughly 1 to 3 years depending on what phase it lies in. Phase 1 has started, which is where these parcels lie, andmay be ready in roughly 1 year give or take.

LOCATION DESCRIPTION - The subject property is located across from 2963 C-44A, Wildwood, FL 34785. It is ideally located between just off I-75 and State Road44, in the City of Wildwood. The Wildwood area was mainly know for the Villages but is now starting to see a boom in the Industrial and Residential sectors. Wildwood is conveniently located between Ocala, Orlando, and Tampa. The site is approximately 30 minutes from Downtown Ocala, 50 minutes from Downtown Orlando, and 60 minutes from Downtown Tampa.

MUNICIPALITY - City of Wildwood

PROPERTY SIZE - 55.82 Acres

ZONING - Neighborhood Mixed Use-7 (NMU-7)

PARCEL ID - G06-012A, G06-204, G06-012, G06-007

Additional Details

Nearest MSA: The Villages
County: Sumter
Tax ID/APN: G06-012

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,060 3,002 41,406
Median Age: 34.42 43.22 61.3
Households: 708 1,223 20,982

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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