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Property profile & analytics

5627 Fl-44 Wildwood, FL 34785

  • Land
  • 21.91 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Isalis / Gift Shop / Boutique
  • Party City / Party Store / Balloon Store
  • Skunk Funk / Wholesaler / Clothing Store
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 5627 Fl-44

Lot size
21.91 lot acres
Property type
Land

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Wildwood
County
Sumter
State
Florida
Longitude
-82.0106
Latitude
28.8369
More about this property
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