Price Reduction - Golf Course - Lease to Own
Address
2072 CR 501 Wildwood, FL
Price
$ 5,800,000
Property Attributes
  • MLS#431520
  • TypeLand
  • CountySUMTER
  • CityWildwood
  • AreaSumter
  • Zip34785
  • StyleCommercial
  • Price$ 5,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size20 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 128,000 residence and with expansion projection is 250,000 residence within 10 years. Expect MF Units to be 24 units per acre. Property fronts new Four-Lane and within walking distance to new Publix Anchored shopping center. SUBJECT PROPERTY NOT "AGE RESTRICTED" All utilities to site Will divide and Long Term Ground Lease - 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 Parcerl "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. And seller will participate in entitlements should property be divided. SELLER IS LICENSED FLORIDA REALTOR

Price History
1/25/2020 Listed $6,150,000
6/19/2020 6% - $5,800,000

General Features

Sub-Type Commercial

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 $1.1M
$5.8M
Visits
AVG 41
10

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