Residential Land for Sale in Wildwood, Florida
County Road 462, Wildwood, FL 34785
Under contract-accepting backup offers. This 10-acre parcel with frontage on County Road 462 and County Road 121 offers an exceptional opportunity for development. Located just outside The Village and very close to several new single family and multi-family developments. This is a very fast-growing area with average household Income of $111,685 and an average home value of $455,449 within one mile area. The increasing population is currently around 40,036 within 3 miles area. The Florida DOT website shows an Average Annual Daily Traffic count of 10600 trips. This section of CR 462 also has a bike lane and sidewalks. City Water and sewer are close by. The property has been rezoned institutional (IN) zoning and has been approved for a 200-bed assisted living facility. Other allowable uses under IN zoning included Childcare, Professional office, Schools, Churches, funeral homes, retail sales, and more. This property would be an ideal location for an Independent/assisted living facility. The median age within one mile is approximately 71.2 and 67.9 within a 3 miles area of this site. It is also an ideal location for a storage facility to meet the needs of the growing population. Other ideal uses for this site include a residential development, place of worship, medical office and much more.
Location
- Street address
- County Road 462
- County
- Sumter County
- Elevation
- 59 feet
Directions
from wildwood city hall go north on highway 301, turn right CR 462 East, the property will be on your left located on the north side of the road at the curve, for access turn left on CR 121, the gate will be on the left.
Property details
- Acreage
- 10 acres
- Zoning
- R1
- MLS #
- MFRMLS G5076190
- Posted
Parcels
- D32-173
Legal description
BEG AT INTERSECTION OF W LINE OF E 1/2 OF NE 1/4 NE 1/4 WITH S LINE OF N 191.07 FT OF E 1/2 OF NE 1/4 OF NE 1/4 RUN N 89 DEG 50'14E 82.70 FT THENCE S 00 DEG 13'05"W 211.60 FT S 89 DEG 48'57"E 325.60 FT THENCE RUN S 00 DEG 10'25"W 174.45 FT *** CONTIN UED ON TAX ROLL ***"
Resources
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 12, 2025 | Under contract | $950,000 | — | MFRMLS |
| Feb 4, 2025 | Price drop | $950,000 | $295,000 -23.7% | MFRMLS |
| Sept 24, 2024 | Price drop | $1,245,000 | $50,000 -3.9% | MFRMLS |
| Aug 5, 2024 | Price drop | $1,295,000 | $5,000 -0.4% | MFRMLS |
| June 1, 2024 | Price drop | $1,300,000 | $300,000 -18.8% | MFRMLS |
| Dec 8, 2023 | New listing | $1,600,000 | — | MFRMLS |