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    7476 49Th Ln Wildwood, FL 34785

    Sponsored
    For Sale
    $2,400,000

    17.5 Acres, Lake Deaton, RR5 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Exceptional opportunity to acquire 17.5 acres of pristine lakefront land in Wildwood, Florida, situated on the expansive Lake Deaton (approximately 500 acres). This property comprises two parcels (Sumter County IDs: G23-050 and G23-022), currently zoned RR5. The adjacent property's R2M zoning suggests potential for similar rezoning. A conceptual site plan (provided separately) illustrates a possible development scenario: seven lakefront lots (nearly 80 feet wide each) and 18 additional half-acre interior lots following road and drainage infrastructure. This prime location offers proximity to hospitals, medical facilities, shopping centers, and The Villages, presenting significant development potential. Alternative uses, such as a lakefront RV park, could also be explored through appropriate zoning applications. Existing structures include an older mobile home, barn, and well

    Property Features for 7476 49Th Ln

    General Information

    Property type
    Land
    Lot Size
    762,300 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Sumter
    State
    Florida
    Longitude
    -81.98
    Latitude
    28.826667

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    FAQs

    What type of property is this?
    Land - 17.5 Acres, Lake Deaton, RR5 Zoning
    Where is this land located?
    The property is located at 7476 49Th Ln Wildwood, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    (352) 435-4663
    Request Owner's contact information
    7476 49Th Ln Wildwood, FL 34785
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    Wildwood, FL 34785
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7476 49Th Ln Wildwood, FL 34785
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