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About this home
3070 State Rd 50 is a home Webster. Flood zone X, AE - outside the FEMA high-risk areas, which keeps insurance manageable.
INCREDIBLE OPPORTUNITY! Prime location on the busy intersection of SR 50 and SR 471. The ONLY corner currently for sale that has both SR 50 frontage AND SR 471 frontage. Approximately 13 acres. High traffic area in the path of future growth and development. Sumter County Economic Development has identified this area as a secondary “Economic opportunity zone” for Sumter County. There is currently no sewer or water available to site. On-site fire suppression could be accommodated by alternate ways. Please do not access site without prior approval. The property is currently zoned RR5C to allow for the current residential home however future land use is identified as potential commercial/heavy commercial. Industrial is also identified as potential future land use. For information on the most current DOT information for the road widening project please call or email. You can also reach out to the DeLand branch of DOT directly for questions and information on the SR 50 road widening project in south Sumter County. The parcel being sold T19-011 has already undergone SR 50 expansion alterations. Dimensions are approximate. Buyer or Buyer’s agent to verify all information. Existing heavy commercial and industrial already in the vicinity. Proof of funds required for offer submission. Sumter County is a pro-business county with an emphasis on manufacturing, distribution and agribusiness as targeted industries. Commute to Ocala, Tampa, Orlando or Lakeland in approximately 1 hour. Site visits are available by appointment only 7 days a week with 24 hours notice. For more information, call today.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$7,800,000
Time on market
934 days
Monthly payment
About $44,683/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,234 annual tax bill, insurance.
Flood zone
Zone X, AE
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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