Address
County Road 462, WILDWOOD, FL
Price
$ 1,600,000
Property Attributes
  • MLS#G5076190
  • TypeLand
  • CountySUMTER
  • CityWILDWOOD
  • AreaWildwood
  • Zip34785
  • Style
  • Taxes$ 18
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10 Acres
Data Source:
Stellar MLS
Property Description

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 is close by. The property is currently zoned R-1, which permits up to 4 units per acre. The owner is in the process of changing the zoning to institutional (IN) zoning. Allowable uses under IN zoning included Independent/assisted living facility, Childcare, Professional, 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. (Demographic data Source: Esri, Esri-U.S. BLS, U.S. Census)

Price History
12/8/2023 Listed $1,600,000

General Features

Sewer None
Utilities Public
Zoning R1
Tax Year 2023
Current Use Residential
Percent Ownership Fee Simple
County Sumter
Property Type Land
HOA / Comm Assn No
Status Active
Directions from wildwood city hall go north on highway 301,turn right CR 462 East,the property will be on your left located on the north side of the road at the curve,for access turn left on CR 121,the gate wil
City WILDWOOD
Buyer Agent Compensation 2%
MLS Area 34785 - Wildwood
Lot Size Square Feet 432115
Waterfront Y/N No
Street Name County Road 462
Tax Annual Amount 18.36
Public Remarks 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 fami
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5076190
Days on Market 42
Standard Status Active
Legal Description 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

Interior Features

Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 9.92
Lot Dimensions 1082 x 450
Lot Size Acres 10
Road Surface Type Asphalt
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34785

Price
AVG $1.08M
$1.6M
Taxes
AVG $671
$18
Visits
AVG 351
372
Data Provided by Inside Real Estate®

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