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About this home
323 S Old Wire Rd is a 1920-built home in Wildwood, Wildwood. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,608 square feet of living space. Listed at $600,000 (about $373/sqft), 29 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
PRIME MULTIFAMILY DEVELOPMENT OPPORTUNITY IN THE HEART OF WILDWOOD! This 0.71-acre parcel, located within the City of Wildwood, is zoned R-10 and offers an excellent opportunity for residential or multifamily development. R-10 zoning may allow for a density of approximately 10–12 dwelling units per acre, subject to confirmation with the City of Wildwood and applicable development standards. Adding even greater potential, two additional parcels surrounding this property are also currently being offered for sale and are zoned R-10, creating a unique opportunity for a developer or investor to assemble multiple contiguous parcels for a larger-scale residential project. Situated in the heart of Wildwood, this property benefits from the tremendous growth occurring throughout the area and its strategic Central Florida location. Convenient access to The Villages, I-75, Florida’s Turnpike, US Highway 301, shopping, dining, employment centers, and expanding residential development makes this an outstanding location for future housing. Whether purchased individually or assembled with the neighboring available parcels, this property presents an opportunity to secure R-10 zoned land in one of Central Florida’s rapidly growing communities. Buyer and buyer’s agent to verify zoning, density, utilities, permitted uses, development requirements, and availability of adjacent parcels with the appropriate governmental authorities.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
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
$600,000
$373 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,608 sq ft
Time on market
29 days
Year built
1920
Monthly payment
About $3,476/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $566 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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