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5048 CR 466A - Wildwood Living, Wildwood, FL

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5048 CR 466A - Wildwood Living

Wildwood, FL 34785

Property Type:Land Parcel Size:18.16 Acres
For Sale Price:$2,500,000 Price/Acre:$660,793 Price/SF:$3.16

Proposed Use:Commercial, Mixed Use, Single Family Development

On-Site Improv:Raw land

Mixed Use Site with electrifying potential such as 15 residential units to the acre, almost 1 mile of road frontage, Professional and Commercial Office and Commercial Retail, all in a ½ mile by ½ mile square at a major intersection. The site is on the northeast quadrant of CR 462 and CR 466-A. The neighborhood is mostly rural agricultural with land changing to commercial and significant growth coming from the Villages from the north (one of the fastest growing communities in the nation).

The property has the characteristics of commercial mixed use for retail office, and mixed residential. The process of a land use amendment, rezoning and annexation into the City of Wildwood have been completed.

Sale Notes:
#1 This will be a prepared site of 5.8 acres pad ready with offsite retention. This is the first parcel north of the corner of Powell road and C-466A. This is an out parcel of a proposed 300 plus housing development in Wildwood, Florida boarding "The Villages". (The largest and fastest growing retirement community in the United States). This would be an excellent site for a hotel (the nearest being over 3 miles away) or an" institutional building". The daily traffic count is over 10,000 on C- 462 and over 12,000 on C-466A. The area is in a high state of development right now with "Big Box" stores being build and/or proposed within a half a mile of this location at the present time. Lowe's is in the final steps of completion with Aldi, ABC, and Speedway ready to break ground soon.
#2 Three usable acres sold pad ready with offsite retention. The lot is on the east side of the development, 2nd lot north of C-466. Very desirable for institutional or ALF. This lot borders where Lowe's location. Aldi, ABC & Speedway are have plans to build there.
Lot #3 This lot would be very desirable for Multi family. It is 9.36 acres and will also be pad ready. 350 units

This property lays on the east side of C-462, which is a main road that links US 44 to US 301 by-passing the main street of Wildwood. The property is across the street to the north from Pinellas Plaza (a shopping center on The Villages' property). C-462 feeds directly into Brownwood (one of the latest town centers of The Villages).

Smith & Smith Realty, Inc.
Danny Smith
(352) 748-5656

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