Price Reduction - Waterfront
Address
5627 Fl-44, WILDWOOD, FL
Price
$ 1,599,000
Property Attributes
  • MLS#O6174824
  • TypeLand
  • CountySUMTER
  • CityWILDWOOD
  • AreaWildwood
  • Zip34785
  • Style
  • Taxes$ 835
  • Price$ 1,599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size21.91 Acres
Data Source:
Stellar MLS
Property Description

Commercial 21.91+/- Acres with 7.57+/- Acres uplands per wetlands delineation report on SR 44 Wildwood / The Villages - Brownwood area on Lake Okahumpka. Located within the city limits of Wildwood and zoned Commercial C-3, City Utilities available. Property is heavily wooded with 960'+/-FT of lake frontage. Site is an assemblage of 3 parcels Sumter County property ID #'s G16-025, G16-013 & G16-012. Potential Commercial OutParcel. Easy access off SR 44, the site is minutes to I-75, Florida's Turnpike and less that an hour to Orlando and Ocala and just over an hour to Tampa. Potential uses include, but not limited to, Medical, Professional, Retail, ALF, ILF, Self Storage, Boat / Marine Storage, RV Storage, Multifamily. There is no survey but there is a wetlands delineation report available upon request. Per the US Census Bureau, The Villages metro area was the fastest-growing U.S. metro between 2021 and 2022, increasing by 7.5 percent. Sumter County, (The Villages) was the fastest growing county in the nation from 2010 - 2020 with analysts predicting the county to lead the nation in population growth through 2060. The State of Florida also led the nation in population growth from 2021 - 2022. The property adjoins Lakewood Professional Plaza that includes Citrus Cardiology & Outpatient Surgery Center of Central Florida. Property also adjoins the Lake Okahumpka Park which is a 130 acre public park on 670 acres on Lake Okahumpka. The popular, well maintained park includes boat ramps, fitness trails, picnic facilities and more. In addition, The Villages' new Lake Okahumpka Recreation Center is now open, located 1.9 miles south on Lake Okahumpka. The property is 1.3 miles south of The Villages shopping and dining destination, Grand Traverse Plaza.

Price History
1/30/2024 Listed $1,799,000
4/22/2024 12% - $1,599,000

General Features

Sewer None
Utilities Electrical Nearby,Sewer Nearby,Water Nearby
Zoning C-3
View Water
Tax Year 2023
Current Use Commercial
Percent Ownership Fee Simple
Waterfront Features Lake
County Sumter
Property Type Land
HOA / Comm Assn No
Facing Direction North
Status Active
Directions Heading east on SR 44,Pass Lakewood professional Plaza and the short asphalt driveway and parking area is on the right.
City WILDWOOD
Buyer Agent Compensation 3%
Body of Water Lake Okahumpka
MLS Area 34785 - Wildwood
Lot Size Square Feet 954399
Waterfront Y/N Yes
Street Name Fl-44
Tax Annual Amount 835.74
Public Remarks Commercial 21.91+/- Acres with 7.57+/- Acres uplands per wetlands delineation report on SR 44 Wildwood / The Villages - Brownwood area on Lake Okahumpka. Located within the city limits of Wildwood
Days on Market 84
Standard Status Active
Legal Description THAT PART OF E 181.93 FT OF W 1/2 OF SW 1/4 OF NE 1/4 LYING S OF SR 44 AND THE W 20 FT OF THE E 1/2 OF THE SW 1/4 OF THENE 1/4 LYING S OF SR 44
Water View Lake
Water Access Type Lake

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Buildable,City Lot,Wetlands
Water Source Canal/Lake For Irrigation,Public
Lot Size Area 21.91
Lot Dimensions 977 x 977
Lot Size Acres 21.91
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type State Road

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
$835
Visits
AVG 351
201
Data Provided by Inside Real Estate®

Areas We Cover