2072 County Road 501, Wildwood, FL 34785

20 Acres of Residential Land Offered at $4,500,000 USD in Wildwood, FL 34785

Asking Price $4,500,000

Property Type
Land
Square Feet
871,200 SF

Listing Contacts

Chad Wasielewski
  • Property Info

Property Overview

Property description
20 ACRES with no wetland, ZONED R3 MEDIUM DENSITY RESIDENTIAL ALLOWING a maximum of 9 UNITS PER ACRE! EXCEPTIONAL OPPORTUNITY! Existing zoning provides for 176 cottage style apartment units, pursuant to a conceptual plan available for review upon request. Bordering The Villages of Southern Oaks ant its 49,339 homesites. The property adjacent to the south includes 130 homesites, as well as entitlements for storage units on the frontage road Hwy 501, also known as Marsh Bend Trail. The roadway is currently in the process of being expanded from two lanes to four lanes to serve the increased activity flow associated with new 2,480-acre Villages Middleton project, with more than 8,200 single-family homes. THIS IS AN AMAZING DEVELOPMENT OPPORTUNITY! The Villages Middleton project boasts a completed, state of the art charter high school, middle school, daycare center, and progress is underway on the associated residential development.
The property can be developed as a multifamily residential project pursuant to the City of Wildwood’s current R3 zoning criteria or, alternatively, frontage parcels can be split and held for potential future development as commercial, retail, office, hospitality, medical, or other uses.
The following reports are available for review during due diligence: ecological tests, topographic survey, conceptual site plan including 176 cottage style apartment units, landscaping plan, Phase 1 environmental site assessment, and a preliminary geotechnical report.
There are no guarantees or warrants on this information, and the information I provided was to the best of the Seller’s knowledge. The physical address is 2072 County Road 501, Wildwood, Florida 34785. Please do not enter upon the property without the Seller’s consent.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • 20 acers R3 zoning non deed restricted on HWY 501 in the center of the Villages newest expansion, adjacent to 130 built to rent home sites!
  • Possible future potential for commercial, retail, office, hospitality, medical, and multiple other uses! With access to public utilities!

All available spaces

Space
Lot 1
Size
871,200 SF
Price
$4,500,000

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