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About this home
Tbd E C 478 is a home Webster. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
We feel this is an appropriate time for a Field of Dreams movie quote: “If you build it, he will come.” We would like to suggest it read “they will come,” because we feel they would. There is no question that development is all around us in Sumter County. Growth and change can be hard in a rural community, but Florida has been experiencing an all-time high demand for housing, especially in Central Florida. This particular parcel offers an easy commute to Tampa or Orlando within an hour, The Villages community within 25 minutes, and everything else the heart of Central Florida gets to brag about. Wesley Chapel, Zephyrhills, Dade City, Groveland, Mascotte, Lakeland, and others are all bursting at the seams and pushing growth our way. Here we have 300 acres (302, to be exact) that are prime for development. The property is close to the existing city limits and is already included in the City of Webster Joint Planning Area. Access to city water and city sewer is available across the street, which is a huge benefit for a property of this size. It’s gorgeous and flat, dotted with towering oak trees, with paved-road access on 3 sides of the property and, for what it’s worth, a beautiful spring-fed pond. Imagine a 5 or 10 acre ranchette community, or perhaps a deed-restricted community with four units per acre. Higher density is not out of the question, but it would require much deeper conversations with the city’s planning and zoning department. Any zoning changes would require annexation into the City of Webster and a land-use change. The seller is open to offers, but like they say, price goes with vision and the seller has a big vision. Site visits are by appointment only. There is currently livestock on-site, please do not open any gates. Call today.
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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.
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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
$15,000,000
Time on market
756 days
Monthly payment
About $85,820/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,071 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.
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