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4974 County Road 134 - The Casablanca at Wildwood

5.5 Acres of Residential Land Offered at $2,600,000 in Wildwood, FL 34785

Investment Highlights

  • Fully Entitled Site for Multifamily
  • Permits available (12/11/24 Expiration)
  • Approved for 54-Units
  • Approved Plans available with Sale

Executive Summary

This property is ideally situated for development, offering prime access to one of the fastest-growing retirement communities in the country, The Villages. Located just a short distance from this renowned 55+ community, the property benefits from the significant demand for housing driven by retirees, seasonal residents, and employees in the surrounding area.
In addition to its proximity to The Villages, the property is conveniently located near a wide range of retail outlets, grocery stores, restaurants, and entertainment options. Major retailers such as Walmart, Publix, and Home Depot are all nearby, providing convenient shopping and services for future residents. With nearby roadways such as U.S. Highway 301 and State Road 44, the property offers excellent connectivity to surrounding areas, including Leesburg, Ocala, and the broader Central Florida region.

Property Facts

Price $2,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.50 AC

1 Lot Available

Lot

Price $2,600,000
Price Per AC $472,727
Lot Size 5.50 AC

5.5 Acres Price Per Acre $472,727

Description

Exclusively presenting The Casablanca at Wildwood multifamily development site. This prime investment opportunity in the thriving Wildwood area is in the path of growth and development! The major advantages of this fully entitled and permitted site are ready for an astute developer to come in and take it from permits to profits. This 5.5 acre property presents an ideal prospect for the discerning Land / Multifamily investor. Featuring a strategic location and ample space for development, this property offers immense potential for lucrative returns. With its promising versatility and room for expansion, this is a not-to-be-missed chance to secure a prominent position in this sought-after market. Take advantage of this exceptional offering and make your mark in Wildwood's burgeoning real estate landscape. Sale and Lease comps are available upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D32-090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$34,980

zoning

Zoning Code R-3 (Residential)
R-3 (Residential)
  • Listing ID: 33661634

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 4974 County Road 134, Wildwood, FL 34785

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