Cr 523, Wildwood, FL, 34785 | $6,000,000

Spanning roughly 35 acres, this property is a dynamic canvas for visionary development. The upcoming re-routing of US Hwy 301 will place prime frontage along its southeast corner, setting the stage for a surge in commercial activity and growth. Surrounded by a vibrant mix of uses—from climate-controlled self-storage and covered RV storage to flexible warehouse space and local churches—and backed by neighboring heavy commercial zoning, the site offers extensive potential for industrial, multi-family, institutional, or commercial ventures. What truly drives its value is the unbeatable proximity, less than 700 feet to The Villages, the nation’s fastest-growing and largest single-site development, paired with the transformative realignment of US Hwy 301. With approximately 990 feet of road frontage on CR 523, the property is mostly high and dry, complete with perimeter fencing and the natural charm of scattered oaks along its northern edge. An existing well is present (pending active status), and water connectivity is readily available through the nearby City of Coleman, enhancing the site's robust infrastructure. Call or Email Today for more information on this amazing site!

Features

  • Lot Size: 981 x 1973
  • Lot Desc: Cleared, In County, Pasture
  • MLS#: G5093280
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/G5093280/cr523_wildwood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/5/2025 1:09:14 PM)
Listing courtesy of FLAMINGO REAL ESTATE & MNGMT   Phone: 352-689-1000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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Cr 523, Wildwood, FL, 34785

$6,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,800,000 $4,800,000 $4,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.712% 6.235% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $28,012 $29,165 $40,182
Total Monthly Payment $28,137 $29,290 $40,307

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.