Land - Real Estate in Wildwood
Listing Price: $1,600,000
Description of Property
This prime 4.76-acre parcel, located just a stone's throw from The Villages' Brownwood Towncenter, represents one of the last remaining development sites on Powell Road. The property, consisting of two vacant land parcels totaling 207,338 square feet, offers an exceptional opportunity in one of Florida’s fastest-growing areas. Situated adjacent to the City of Wildwood’s Millennium Park, this site boasts direct access to essential community amenities while benefiting from the rapid expansion of The Villages—the largest and fastest-growing single-site development in the country.The property is zoned INS (Institutional), allowing for a range of institutional developments, such as public and private educational facilities, religious institutions, government buildings, cultural facilities, parks, recreational areas, and utilities. The City of Wildwood also may be open to rezoning for commercial retail uses, such as restaurants, further enhancing the property’s potential. Previously, the site had plans for a 95-unit assisted living and memory care facility and was rezoned to accommodate approximately 93 units, providing a solid foundation for future development.In addition, the property is one of the few available in the area with sewer capacity reservations, making it even more attractive for developers. A recent appraisal supports a value exceeding $2.2 million, but the owner has priced it aggressively for a quick sale. This exceptional location, combined with its zoning and proximity to The Villages, offers significant development potential. For more information, call or email today.
Property Details At A Glance
Property Type: Land
City: Wildwood
County: Sumter
Annual Tax: $2,653
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Sewer: Public Sewer
Water Source: Public
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Lot Information
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Lot Size (acres): 4.7
Lot Size (sq. ft.): 159,422 square feet
Lot Dimensions: 252 x 633
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Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: G08003
Zoning: INS
Tax Legal Desc.: S 251 FT OF N 567 FT OF E 1/2 OF NE 1/4 OF NE 1/4 LESS RD R/W OR 138 PG 681 LESS COMM AT NE COR OF NE 1/4 RUN S 00 DEG 27 MIN 24 SEC W 316.3 FT N 89 DEG 33 MIN 36 SEC W 4.49 FT TO W/LY R/W FOR CR 139 AND POB THENCE S 01 DEG 08 MIN 59 SEC W 252 FT N 8 9 DEG 35 MIN 13 SEC W 42.46 FT THENCE N 00 DEG 27 MIN 24 SEC E 252 FT S 89 DEG 33 MIN 36 SEC E 45.51 FT TO POB
Section: 8
Range: 23
Listing courtesy of FLAMINGO REAL ESTATE & MNGMT. 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.
