100B Lady Lake Blvd Lady Lake, FL 32162
This exceptional 18.5-acre parcel in Sumter County, Florida, presents a unique investment opportunity. Located in Lady Lake, near the vibrant Lake Sumter Landings town center within The Villages, this property boasts significant frontage on CR 100, a paved road. The R4C zoning allows for diverse development possibilities, including single-family homes, duplexes, multi-family units, and even a community residential home (maximum 6 residents). Preliminary assessments suggest potential for subdivision into approximately 12 lots, utilizing well and septic systems. The property's prime location offers easy access to amenities and the bustling atmosphere of The Villages. Recent improvements include new lighting at the intersection of CR 100 and 466, enhancing visibility and accessibility. This expansive land is ideal for creating a large estate, a substantial residential development, or a combination thereof. The seller is open to considering the sale of the southern portion of the property separately, providing flexibility for potential buyers. The address is CR 100 & CR 100B, Lady Lake, FL 32162, and the asking price is $1,500,000. This is a rare opportunity to acquire a sizable, well-located parcel in a thriving Florida community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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