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    CR 466A Miller Blvd The Villages, FL 32163

    • Land
    • 60.00 lot acres
    For Sale
    View listing
    $12,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for CR 466A Miller Blvd

    Lot size
    60.00 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    The Villages
    County
    FL
    State
    Florida
    Longitude
    -81.9335
    Latitude
    28.8616

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      View Details
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    CR 466A Miller Blvd
    The Villages, FL 32163
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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
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