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Property profile & analytics
OFF-MARKET
Land

CR 466A Miller Blvd The Villages, FL 32163

60 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: 60± acres of PUD-entitled land in The Villages, Florida (APN: 051924000300007300). This prime location on Miller Boulevard (CR 466A) is zoned for up to 900 residential units, catering specifically to the 55+ demographic. All Continuing Care Retirement Community (CCRC) uses are permitted, allowing for a diverse range of housing options including single-family attached and detached homes, duplexes, and multi-family buildings. The Master Development Agreement adheres to R-15 zoning, permitting up to 15 dwelling units per acre. Infrastructure is well-established, featuring a gravity sewer system connected to a lift station, ensuring efficient wastewater management. Convenient access is provided by a full median opening on Miller Boulevard with left-turn access in both directions. This property presents a unique chance to develop a thriving senior living community adjacent to the established and highly desirable Villages area. The asking price is $12,000,000. The property is located in Fruitland Park, FL, zip code 32163.

Property profile
Verified
Property type Land
Lot 60 ac (2,613,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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