5245 Warm Springs Avenue, photo 1
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Overview

0 ba1,230 sqftMixed Use
TypeMixed Use
HOANone listed
Built1956
Lot884,704 sqft
Living area1,230 sqft
Price / sqft$4,553

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About this home

5245 Warm Springs Avenue is a 1956-built home Wildwood. Listed at $5,600,000 (about $4,553/sqft), 211 days on market.

From the listing

Exceptional 20.31-acre development opportunity located on Warm Springs Avenue in the heart of one of Central Florida’s fastest-growing corridors. This property boasts approximately 580 feet of frontage on Warm Springs Ave and is strategically positioned near the rapidly expanding areas surrounding The Villages, including the major growth hubs of Eastport and Middleton along the U.S. Highway 301 corridor. With significant regional growth and development activity nearby, this parcel offers tremendous flexibility for future development. Potential rezoning options allow for Mixed-Use, R-4 Residential (up to 12 units per acre), Planned Unit Development (PUD), and other commercial or residential uses, making it well suited for a variety of projects. The surrounding area continues to see substantial investment with nearby medical offices, retail centers, professional office space, and multifamily developments, reinforcing the strong demand for additional residential and commercial services. Utilities are already available to the site, including a 12-inch water main on the south side of Warm Springs Ave and a 4-inch force main on the north side, providing valuable infrastructure for future development.With its size, frontage, infrastructure, and location, this property is ideal for build-to-rent communities, multifamily housing, retail centers, professional offices, or mixed-use projects. Convenient access to U.S. Highway 301, County Road 470, Florida's Turnpike, and Interstate 75 makes this a strategic location for long-term growth and investment. Don’t miss this opportunity to secure a large-scale development site in one of Central Florida’s most dynamic expansion areas. Call today to discuss your next project.

The essentials

Built
1956
Price / sqft
$4,553
On market
211 days
Annual tax
$2,542
Lot
884,704 sqft
Type
Mixed Use

At a glance

Single family
Built 1956
20.31 acres
Lot size
1,230 sqft
Living area

Payment

Est. monthly payment
$32,218/mo
Down payment (20%)
$1,120,000
Property taxes
$212/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Mixed Use
Year Built
1956
Lot
884,704 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
211
Annual Tax (2025)
$2,542

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
Lot Size
884,704 sqft

Price history

Date
Event
Price
3/13/2026
Listed for sale
Source: Stellar MLS #G5109212
$5,600,000
$4,553/sqft

Neighborhood

5245 Warm Springs Avenue
Wildwood, FL, 34785

Market insights

Offer Insights

Choose an offer strength

List price: $5,600,000
$5.56M – $5.60M
99.3% – 100% of listTops out right at the list price
80% of listList price
79 of the last 157 home closings in 34785 landed at this number or higher (50%). The median one sat 59 days before it went under contract, and this one is on day 211.

Sample: 157 closed home sales in 34785 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$32,218/mo
Principal & interest$29,206
Property taxes$212
Insurance$2,800
Down payment20% · $1,120,000
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

$5,600,000

$4,553 per sq ft

Size

1,230 sq ft

Time on market

211 days

Year built

1956

Monthly payment

About $32,218/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,542 annual tax bill, insurance.

Offer

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Have another question?

Brokered byFLAMINGO REAL ESTATE & MNGMTListing agent: Roy VacaListing data from Stellar MLS, MLS# G5109212.

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