412 E State Road 44, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot1,373,400 sqft

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About this home

412 E State Road 44 is a home Wildwood. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

REDUCED - Industrial Land Offering for 315+/- Acres with utilities available to site by City of Wildwood per service agreement. Property Fronts I-75 with over 6,500'+/- linear Ft of frontage that include billboards and with FDOT 104,500 avg trips per day plus 1,820'+/- linear Ft of frontage on SR 44 off of the I-75 exit # 329 where the Florida Turnpike meets and crosses I-75. Sale includes "Spring Water Permit" for 496,000+/- gallons of water per day. Located in Sumter County and less than an hour to Orlando or Tampa this is the "Transportation Hub" of Central Florida". “Major transportation arteries include Interstate 75, the Florida Turnpike, US Highway 301, and State Roads 44, 48, 50, 470 and 471. Add our proximity to no fewer than 3 deep-water seaports and 3 international airports, and you’ve hit the transportation trifecta of land, sea and air." - Sumter County Florida EDC. Offering is an assemblage of 3 parcels C34-015, C27-028 & C27-034 and also available are 3 more adjoining income producing parcels. Plus this offering is just a few miles from The Villages the largest retirement community in the United States spanning 3 counties and still growing with a population over 140,000+ and completely accessible by golf cart. Sumter County EDC is aggressive in smart growth which includes Old Dominion's newest logistics' hub that just broke ground next to the property and Werner & Saia are both planning sites on the East side of I-75. Entry onto property without an appointment is trespassing. All information is believed accurate but not guaranteed or warranted and subject to change without notice . NDA will be required for any additional information

The essentials

On market
768 days
Annual tax
$2,698
Flood zone
X · Low risk
Lot
1,373,400 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$411,734/mo
Down payment (20%)
$14,400,000
Property taxes
$225/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
1,373,400 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
768
Flood Zone x
Annual Tax (2022)
$2,698
Parcel #
C34-015

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Sumter
MLS Area
34785 - Wildwood
Lot Size
1,373,400 sqft
In County

Price history

Date
Event
Price
9/11/2024
Listed for sale
Source: Stellar MLS #G5086973
$72,000,000

Neighborhood

412 E State Road 44
Wildwood, FL, 34785 · 34785 - Wildwood

Calculator

Est. monthly payment
$411,734/mo
Principal & interest$375,509
Property taxes$225
Insurance$36,000
Down payment20% · $14,400,000
Interest rate6.80%
Loan term

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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

$72,000,000

Time on market

768 days

Monthly payment

About $411,734/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,698 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byGRIZZARD COMMERCIAL REALESTATEListing agent: Daniel TatroListing data from Stellar MLS, MLS# G5086973.

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