5627 Fl-44 Wildwood, FL 34785
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.