Address
HWY 466 & NE 62 TERRACE The Villages, FL
Price
$ 8,500,000
Property Attributes
  • MLS#G4832352
  • TypePending
  • CountySUMTER
  • CityThe Villages
  • AreaLady Lake-The Villages
  • Zip32162
  • Style
  • Taxes8263
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size19.75 Acres
Listing Provided Courtesy Of:
FOXFIRE REALTY
Property Description

"SIGNIFICANT PRICE REDUCTION!" VILLAGE PARK CENTER at Hwy 466 & NE 62nd Terrace, The Villages, Fl. INDEPENDENT OF THE VILLAGES yet right in the heart of it’s main Commercial Corridor and centered between it’s two major North-South corridors. TRACT P: 4.03 Acres (+/-) $2,500,000 PN: D15F013G TRACT E: 6.23 Acres (+/-) $2,500,000 PN: D15F013E TRACT C: 5.70Acres (+/-) $1,800,000 PN: D15F013C The Villages is a master planned, age restricted community that spreads into portions of Sumter, Lake and Marion Counties. Over 115,000 now live in the community itself and over 15,000 work in The Villages. Commercial Property at The Villages averages 97% occupancy rate. *FDOT requires intersection @ SW Corner of Hwy 466 to be signalized going into Laurel Manor of The Villages based on trips generated within VPC RPUD. *SITE IS ZONED RPUD FOR COMMERCIAL, MULTI-FAMILY AND RESIDENTIAL DEVELOPMENT. Commercial allows various uses such as office, medical, retail, financial institutions & hospitality. Excellent location for Continuing Care Facilities, Hospital or Retail Center. *Water and Sewer to Site *Tracts F and P are provided with off site storm water retention. *10 Mile Radius: Population 138,534 Med. Age 65.3 Avg. HH Income $61,113 * Additional 8+/- acre assemblage available

Price History
10/11/2020 Listed $8,500,000

General Features

Additional Parcels Y/N Yes
Facing Direction South
MLS Area 32162 - Lady Lake/The Villages
Property Type Land
Special Listing Conditions None
Status Pending
Terms Cash, Conventional
Township 18
Utilities Sewer Available

Exterior Features

Front Footage 290
Lot Dimensions Irregular
Lot Features Corner Lot, Level/Flat
Lot Size Acres 19.75
Lot Size Square Feet 860584
Number of Lots 4
Road Frontage Type Business District, Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32162

Price
AVG $420K
$8.5M
Taxes
AVG $3,183
$8,263
Visits
AVG 108
181

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