Exceptional 17-acre MOL vacant land in an area of transitional development and the path of growth. Almost 600' of frontage on SR 471 with a DTC of 7200+. Currently zoned RR1-C with a FLU of Rural Residential. The city of Webster would allow for a rezoning of 4du/acre.
Excellent investment or development potential due to proximity to The Villages recent purchase of 18,000+/- acres south of SR 470 with frontage on SR 471. VALUE is in the land, the structures on the property can be accessed during due diligence.
Great opportunity to build up to 68 units.
City of Webster Water and Sewer are adjacent to the property as well as fiber optic, and cable.
Permitted Use
Residential
Utilities
Cable Available, Electricity Available, Fiber Optics, Sewer Nearby, Water Available
Lot Description:
Buildable, City Lot, Pasture, Rural
View Description:
Park/Greenbelt
Elementary School:
Webster Elementary
Middle School:
South Sumter Middle
8836 Sr 471, Webster, FL, 33597
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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