Property profile

308 Martin Luther King Jr Ave Wildwood, FL 34785

OFF-MARKET
Mixed-use properties
1,950 SF 0.5 ac lot Built 1977
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Property summary

AI-generated overview

This exceptional mixed-use property in Wildwood, Florida, presents a unique investment opportunity. Encompassing a half-acre lot (two parcels), this offering includes a well-established 1,950 square foot building that has served as a funeral home for over two decades. The existing structure boasts two offices, a viewing room, a spacious front lobby, a preparation room, and versatile flex space ideal for storage or adaptation to various needs. Two restrooms are conveniently located within the building. All equipment within the funeral home is available for purchase with the property. The adjacent parcel, currently utilized as overflow parking, is a buildable lot of record, offering significant expansion potential. This prime location in Wildwood provides easy access to The Villages community, I-75, and the Florida Turnpike, ensuring high visibility and convenient access. The seller is prepared to facilitate a swift closing. The property is being sold as a package deal, including both parcels. High and dry land. Showings are by appointment only, and proof of funds is required for scheduling.

Property profile

Verified
Property type Mixed-use properties
Year built 1977
Total area 1,950 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

308 Martin Luther King Jr Ave Wildwood, FL 34785
Wildwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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