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    5627 Fl-44 Wildwood, FL 34785

    For Sale
    $1,599,000

    21 Acres, C-3 Zoning, Wildwood, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 21.91-acre assemblage in Wildwood, Florida, presents a remarkable investment opportunity. Located on SR 44 near The Villages, this property boasts 960+ feet of Lake Okahumpka frontage and is zoned C-3, allowing for diverse commercial and residential development. City utilities are readily available. The site comprises three parcels (G16-012, G16-013, G16-025) and includes approximately 7.57 upland acres (per wetlands delineation report). Its prime location offers easy access to I-75 and the Florida Turnpike, placing it within an hour of Orlando, Ocala, and just over an hour from Tampa. Potential uses are numerous and include, but are not limited to, medical facilities, professional offices, retail spaces, assisted living facilities, independent living facilities, self-storage, boat/marine storage, RV storage, and multifamily housing. The property's adjacency to Lakewood Professional Plaza, Lake Okahumpka Park, and the new Lake Okahumpka Recreation Center further enhances its appeal. A wetlands delineation report is available. The asking price is $1,599,000. This is a rare opportunity to capitalize on the explosive growth of The Villages metro area, consistently ranked among the nation's fastest-growing regions. The property is also conveniently located 1.3 miles south of Grand Traverse Plaza, offering abundant shopping and dining options.

    Property Features for 5627 Fl-44

    General Information

    Property type
    Land
    Lot Size
    954,400 SF

    HighLights

    • The Villages metro area experienced the fastest US metro area population growth (7.5%) between 2021 and 2022.
    • Sumter County (The Villages) led the nation in population growth from 2010‑2020 and is projected to continue this trend through 2060.
    • The property is adjacent to Lakewood Professional Plaza, including a cardiology and surgery center.
    • The property abuts the 130‑acre Lake Okahumpka Park, offering boat ramps, trails, and picnic areas.
    • The Villages' new Lake Okahumpka Recreation Center is nearby (1.9 miles).
    • The property is conveniently located 1.3 miles from Grand Traverse Plaza, offering shopping and dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Sumter
    State
    Florida
    Longitude
    -82.0106331
    Latitude
    28.8368794

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    FAQs

    What type of property is this?
    Land - 21 Acres, C-3 Zoning, Wildwood, FL
    Where is this land located?
    The property is located at 5627 Fl-44 Wildwood, FL.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: The Villages metro area experienced the fastest US metro area population growth (7.5%) between 2021 and 2022.; Sumter County (The Villages) led the nation in population growth from 2010-2020 and is projected to continue this trend through 2060.; The property is adjacent to Lakewood Professional Plaza, including a cardiology and surgery center.
    (407) 984-5828
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    5627 Fl-44 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
    5627 Fl-44 Wildwood, FL 34785
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