Tbd 470 Highway, photo 1
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Overview

0 baOther
TypeOther
HOANone listed
Lot242,629 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Tbd 470 Highway is a home Sumterville.

From the listing

Seize this rare opportunity to acquire a prime parcel of vacant commercial land, ideally located near the signalized intersection of, Hwy 301 and Hwy 470, just minutes from the newly expanding town of Middleton, Florida – a vibrant part of The Villages community. This strategically positioned 5.5 acres sits between I-75 and the Florida Turnpike, offering exceptional accessibility and visibility for businesses seeking a high-traffic location. With utilities to the site, this property is primed for immediate development with Heavy Commercial Land Use. The 20 acres abutting the property will be home to the new Sumter County Municipal complex and headquarters including the clerk of the court offices and new state of the art fire training center. Development is currently underway. Situated on Hwy 470, which is set for widening, it makes access and visibility even more desirable for this property. Located just 3 mile from Middleton, a community within The Villages, the largest and top selling residential communities in the country. Whether you're looking to parcel out for retail, commercial, or mixed-use development, the potential is limitless. Capitalize on the rapid growth of the surrounding area and establish your footprint in one of Florida's most sought-after communities. Don’t miss out on this once-in-a-lifetime chance to secure a prime commercial location with unparalleled exposure, right in the heart of a bustling, growing area. See adjoining property listed OM695931

The essentials

On market
591 days
Annual tax
$8
Lot
242,629 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$17,147/mo
Down payment (20%)
$600,000
Property taxes
$1/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
242,629 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
591
Annual Tax (2024)
$8

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
242,629 sqft

Price history

Date
Event
Price
2/27/2025
Listed for sale
Source: Stellar MLS #OM696078
$3,000,000

Neighborhood

Tbd 470 Highway
Sumterville, FL, 33585

Market insights

Offer Insights

Choose an offer strength

List price: $3,000,000
$2.99M – $3.00M
99.5% – 100% of listTops out right at the list price
80% of listList price
7 of the last 12 home closings in 33585 landed at this number or higher (58%). The median one sat 88 days before it went under contract, and this one is on day 591.

Sample: 12 closed home sales in 33585 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$17,147/mo
Principal & interest$15,646
Property taxes$1
Insurance$1,500
Down payment20% · $600,000
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

$3,000,000

Time on market

591 days

Monthly payment

About $17,147/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $8 annual tax bill, insurance.

Offer

What should I offer?

Have another question?

Brokered byBOYD REAL ESTATE LLCListing agent: Erin FreelListing data from Stellar MLS, MLS# OM696078.

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