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Property profile & analytics
OFF-MARKET
Land

0 Crk 505 Wildwood, FL 32785

16.48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.48-acre parcel presents a remarkable opportunity for multifamily development in Wildwood, Florida, conveniently located near The Villages. Boasting R-4 zoning, this land allows for a high-density residential project, with potential for up to 12 units per acre. The property's strategic location offers easy access to the amenities and vibrant community of The Villages, a significant draw for potential residents. All necessary infrastructure is in place, with readily available water and sewer connections, eliminating significant upfront development hurdles. The site is ready to accommodate your site plan, allowing for immediate commencement of your project. This is a turnkey opportunity for developers seeking a prime location with established infrastructure and high potential for return on investment. The asking price for this exceptional property is $4,200,000. The property is located at CR 505, Wildwood, FL 32785, in Sumter County. This is a rare chance to acquire a substantial land holding in a high-growth area, poised for significant appreciation. The zoning and infrastructure make this an ideal location for a multifamily development project. Don't miss this chance to secure a prime piece of real estate in a thriving Florida community.

Property profile
Verified
Property type Land
Lot 16.48 ac (717,869 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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