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Key Details
Sold Price $550,000
Property Type Vacant Land
Sub Type Unimproved
Listing Status Sold
Purchase Type For Sale
MLS Listing ID G5018868
Sold Date 03/23/21
HOA Y/N No
Annual Tax Amount $144
Lot Size 9.800 Acres
Acres 9.8
Lot Dimensions 660X660
Property Description
GREAT INVESTMENT OR DEVELOPMENT PROPERTY! Located just south of the heavily trafficked CR 462, this 10-acre site sits directly on County Road 127 with 660’ of frontage and runs 660’ deep (A PERFECT SQUARE). Currently, this site is zoned RR5C, but has the potential to be rezoned through the City of Wildwood for other allowable uses, such as: church facility, independent living facility, assisted living facility, memory care facility, multi-family development (duplexes, triplexes, etc), and more. Located directly to the East "Triumph South", is set to break ground any day and shall consist of 135 single-family homesites. Located directly to the North is Village of Faith Baptist Church and they are currently expanding their campus to include a 500 seat auditorium that shall be expandable up to 900 seats. Growth literally surrounds this parcel and is what makes it such a great investment or development parcel. Price points just around the corner on US Hwy 301 and Powell Road go from $100K-$250K/acre. This site gives you virtually the same location at a fraction of the price. Call or email today to see how you can get in on this great deal!
Location
State FL
County Sumter
Zoning RR5C
Exterior
Utilities Available Electrical Nearby
Waterfront false
Building
Lot Size Range 5 to less than 10
Sewer None
Water None
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with FLAMINGO REAL ESTATE & MNGMT