TBD E C 478, WEBSTER, FL, 33597 — photo 1
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TBD E C 478, WEBSTER, FL, 33597

$15,000,000

302.12 Acres

About This Property

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 development is all around us in Sumter county. Growth and change is hard in a rural community but Florida is at an all time high demand for housing, especially in central Florida. This particular parcel offers easy commute to Tampa or Orlando within an hour, The Villages community within 25 minutes, and everything else that the heart of central Florida gets to brag about. Wesley Chapel, Zephyrhills, Dade City, Groveland, Mascotte, Lakeland, etc are all busting at the seams and putting pressure our way. Here we have 300 acres (302 to be exact) that is prime for development. Close to existing city limits. Already included in the joint planning area of Webster. With access to city water and city sewer across the street which is a huge benefit for a property this size and not easy to come by. It’s gorgeous, flat, dotted with towering oak trees, paved road access, and for what it’s worth it has a beautiful spring fed pond. Imagine a 5 or 10 acre ranchette community or maybe a deed restricted community with 4 units per acre. A higher density is not out of the question but that would require much deeper conversations with the planning and zoning department for the city. Any zoning changes would require city of Webster annexation and a land use change. Comparable sales for properties in the south end of the county come close to the asking price and those were without the benefit of access to city services. The seller is open to offers but like they say, price goes with vision and the seller has a big vision. Site visits by appointment only. There is currently livestock on site, please do not open any gates. Call today.

Status

Active

Listed By

CONNIE MAHAN REAL ESTATE GROUP

Days on Market

438

Mortgage Calculator

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Est. Monthly Payment

$85,171

30-yr fixed · 20% down · 6.875%

Principal & Interest$78,831
Property Tax (actual)$89
Est. Home Insurance~0.5% est.$6,250
Total / month$85,171
Loan amount$12,000,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

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Call (813) 618-7653Request a Showing

MLS# 5b1df771ae5c019039d34b48cacc7ae7

Location