Price Reduction - Golf Course - Lease to Own
Address
2072 CR 501 Wildwood, FL
Price
$ 3,700,000
Property Attributes
  • MLS#431521
  • TypeLand
  • CountySUMTER
  • CityWildwood
  • AreaSumter
  • Zip34785
  • StyleMulti-Family
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size15 Acres
Listing Provided Courtesy Of:
John Thomas with BHGRE Thomas Group
Property Description

This property located in the center of the Villages new 70,000+/- home expansion that is well under way with thousands of new homes and golf courses already built. This is the nations largest "Age Restricted Development". Already have 64,000+ residence within 15 miles and expansion will be will over 100,000 new residence. Ten year projestion 250,000 residence. Property fronts new Four-Lane and within walking distance to new Publix Anchored shopping center. SUBJECT PROPERTY NOT "AGE RESTRICTED" All utilities to site EXPECT 24 UNITS PER ACRE MULTI-FAMILY Will divide - see attached conceptual Parcel "A" is 1.6+/- acres asking $900,000 Parcel "B" is 1.6+/- acres asking $900,000 Parcel "C" is 1.6 +/- acres asking $900,000 Parcel "D" is 15 +/- acres asking $3,750,000 Parcel "D" divided 10 acres asking $2,500,000 Parcel "D" divided 5 acres $1,650,000 Property located in the County though all surrounding property in city of Wildwood. City said will support annexation and Mix-Use. Property sold a Raw Land but seller will allow buyers adequate time for entitlements. SELLER IS LICENSED FLORIDA REALTOR

Price History
1/25/2020 Listed $3,750,000
6/19/2020 2% - $3,700,000

General Features

Sub-Type Multi-Family

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34785

Price
AVG $1.09M
$3.7M
Visits
AVG 43
9

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