4078 COUNTY ROAD 124, Wildwood, FL 34785 - MLS#G5059701

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Mark Lyda

mark@generousproperty.com +1(941) 586-2670

$950,000

Est. payment - /mo

1,539 SqFt

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UPDATED:

08/12/2024 06:47 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,539 sqft

Price per Sqft $617

Subdivision Marlboro Gardens

MLS Listing ID G5059701

HOA Y/N No

Originating Board Stellar MLS

Year Built 1974

Annual Tax Amount $1,651

Lot Size 3.880 Acres

Acres 3.88

New Construction false

Property Description

Located DIRECTLY ON A HARD CORNER on US Hwy 301 in The Villages/Wildwood area, this parcel consists of approximately 4 acres of land with 300?+/- linear feet of road frontage on US Hwy 301 and 570?+/- linear feet of road frontage on CR 124. Situated just one-half (1/2) mile North of the intersection of County Road 462E & US Hwy 301, this parcel is prime for development with the newly approved Twisted Oaks development, which has been approved for over 1,200 homes on 387+/- acres. Twisted Oaks will be the largest single-site development project within the City of Wildwood, second only to The Villages. Recent new builds in the US Hwy 301 corridor include multiple apartment sites and commercial uses, such as: Aldi?s, Wendy?s, WaWa, Dairy Queen, Mr. Clean Carwash, Tire Kingdom, and many more. Additional surrounding uses include Retail, Self-Storage, Outside Storage, Office space, Churches, Assisted Living, and Independent Living. With a median cut for South-bound traffic, ingress and egress are perfect! Water and sewer are available through the City of Wildwood and located near the site, as well. This site is high and dry with no flood zones and consists of two parcels. The current zoning is CN & RR5C (Neighborhood Commercial and Rural Residential - One conventional home per 5 acres) through Sumter County on the front parcel and M-1 (Industrial/Manufacturing) zoning through the City of Wildwood on the rear parcel. Annexation into the City of Wildwood and rezoning for the Buyer?s intended use would more than likely be required for future development on this property. This is common and we would assist the Buyer in the application and approval process. This property also has the possibility of being rezoned for other uses as well, such as multi-family. Currently on the property sits a 3BR/2BA home that consists of 1,539sqft of living space and a 30x50 butler-style enclosed barn. Both buildings have the potential to be remodeled for commercial use. Inquire today on how this property might be the perfect fit for your next business venture.

Location

State FL

County Sumter

Community Marlboro Gardens

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Exterior

Utilities Available BB/HS Internet Capable, Electrical Nearby, Electricity Available, Sewer Nearby, Water Nearby

Waterfront false

Roof Type Metal

Building

Lot Description Corner Lot, City Limits, Oversized Lot

Foundation Slab

Lot Size Range 2 to less than 5

Structure Type Brick

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by FLAMINGO REAL ESTATE & MNGMT

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Mark Lyda

+1(941) 586-2670

Agent | BK SL3400771

Agent BK SL3400771