Land - Real Estate in Wildwood
Listing Price: $1,245,000
Description of Property
This 10-acre parcel with frontage on County Road 462 and County Road 121 offers an exceptional opportunity for development. Located just outside The Village and very close to several new single family and multi-family developments. This is a very fast-growing area with average household Income of $111,685 and an average home value of $455,449 within one mile area. The increasing population is currently around 40,036 within 3 miles area. The Florida DOT website shows an Average Annual Daily Traffic count of 10600 trips. This section of CR 462 also has a bike lane and sidewalks. City Water and sewer are close by. The property has been rezoned institutional (IN) zoning and has been approved for a 200-bed assisted living facility. Other allowable uses under IN zoning included Childcare, Professional office, Schools, Churches, funeral homes, retail sales, and more. This property would be an ideal location for an Independent/assisted living facility. The median age within one mile is approximately 71.2 and 67.9 within a 3 miles area of this site. It is also an ideal location for a storage facility to meet the needs of the growing population. Other ideal uses for this site include a residential development, place of worship, medical office and much more.
Property Details At A Glance
Property Type: Land
City: Wildwood
County: Sumter
Annual Tax: $18
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
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Lot Information
Lot Features:
Lot Size (acres): 10
Lot Size (sq. ft.): 432,115 square feet
Lot Dimensions: 1082 x 450
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Legal Description & Other Information
Parcel Number: D32173
Zoning: R1
Tax Legal Desc.: BEG AT INTERSECTION OF W LINE OF E 1/2 OF NE 1/4 NE 1/4 WITH S LINE OF N 191.07 FT OF E 1/2 OF NE 1/4 OF NE 1/4 RUN N 89 DEG 50'14E 82.70 FT THENCE S 00 DEG 13'05"W 211.60 FT S 89 DEG 48'57"E 325.60 FT THENCE RUN S 00 DEG 10'25"W 174.45 FT *** CONTIN UED ON TAX ROLL ***"
Section: 32
Range: 23E
Listing courtesy of CARLINO REAL ESTATE GROUP INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.