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Prime Development Land on Warm Springs
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5245 E Warm Springs Ave, Wildwood, FL 34785

20.31-acre development opportunity in a rapidly growing Central Florida corridor.

Property SizeContact for details
Lot Size20.31 Acres
Days on Market150

Property Features for 5245 E Warm Springs Ave

General Information

Standard status Active
Lot size 20.31 Acres
Property subtype Mixed Use, Multifamily, Retail
Zoning MU
Investment Type Owner/User
Listing Agency: Flamingo Real Estate & Management, LLC
Listed By: Roy Vaca · License #SL3491457
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Jul 15 at 9:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flamingo Real Estate & Management, LLC

Investment Insights

Based on property information with market context.

This 20.31-acre property is located on Warm Springs Avenue in Central Florida. It features approximately 580 feet of frontage on Warm Springs Ave, near the expanding areas around The Villages, including Eastport and Middleton along U.S. Highway 301. The property offers flexibility for future development through potential rezoning options, including Mixed-Use, R-4 Residential (up to 12 units per acre), Planned Unit Development (PUD), and other commercial or residential uses. The surrounding area includes medical offices, retail centers, professional office space, and multifamily developments. Utilities are available to the site, including a 12-inch water main on the south side of Warm Springs Ave and a 4-inch force main on the north side. The property is suited for build-to-rent communities, multifamily housing, retail centers, professional offices, or mixed-use projects. It provides access to U.S. Highway 301, County Road 470, Florida's Turnpike, and Interstate 75.

Key Highlights

  • Prime 20.31‑acre development opportunity in a rapidly growing Central Florida corridor near The Villages.
  • Significant frontage (approx. 580 ft) on Warm Springs Avenue.
  • Flexible rezoning options including Mixed‑Use, R‑4 Residential (up to 12 units/acre), PUD, and other commercial/residential uses.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Computer & Electronic Repair Tanning Salon Plumbing Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 34785, FL

18,677
Population
6,595
Households
2.8
Avg Household Size
46
Median Age
15%
College-Educated
82%
High-School Grad
64.1 sq mi
ZIP Area
291
Density / Sq Mi
$48,004
Median Household Income
$31,207
Median Earnings
$1,082
Median Rent
$210,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 20.31-acre development opportunity in a rapidly growing Central Florida corridor.
Where is this commercial land located?
The property is located at 5245 E Warm Springs Ave Wildwood, FL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Prime 20.31‑acre development opportunity in a rapidly growing Central Florida corridor near The Villages.; Significant frontage (approx. 580 ft) on Warm Springs Avenue.; Flexible rezoning options including Mixed‑Use, R‑4 Residential (up to 12 units/acre), PUD, and other commercial/residential uses.
(352) 689-1000 Call to check price and availability
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