5977 E CO RD 462 Wildwood FL 34785

The subject Property includes ±18.81 acres within Beaumont, a ±153.59-acre mixed-use tract actively being developed by Kolter Land Partners located directly adjacent to The Villages community. The northern portion of Beaumont comprises ±113.56 acres and is slated for 271 single-family homes and 134 townhomes with lots actively being built by DR Horton. The remaining ±40.03 acres are earmarked for commercial development with entitlements for up to 893 residential units and 718,740 sf of commercial space. Of these ±-40.03 acres, ±17.31 acres fronting CR-466A are under contract to a national retail developer, while ±2.48 acres are earmarked for a Home2 Suites, leaving the remaining ±18.81 acres as the subject of this offering.

The Site provides the ability to develop a variety of uses, including multi-housing, seniors housing, retail, and office, all of which are in high demand given the area’s explosive growth and which are also generally lacking within the confines of The Villages. Further, the Site will benefit from being located within an upscale mixed-use setting with for-sale housing and walkable retail, making this a prime opportunity for a developer to build a project in what is truly one of the nation’s most exciting locales.

• Nation-Leading Growth Fundamentals: Since 2010, the population within The Villages MSA has grown by 44.0% to an estimated 134,500, making it the fastest-growing metro area in the country during that time frame. Fueled by the continued expansion of The Villages master-planned community, this rapid influx of residents to the area has led to a robust economic expansion that has seen employment growth average a very healthy 3.7% annually over the past five years.
• Severely Underserved Market: While the development of for-sale residential housing has been booming within The Villages, development outside of The Villages has failed to keep up with the tremendous growth occurring in the region. New development is desperately needed to relieve the tremendous supply/demand imbalance across multiple property types.
• Desirable Mixed-Use Setting: The Site is located within the larger 153-acre Beaumont master-planned development that will feature over 400 single-family homes and townhomes currently being built by DR Horton, a Home2 Suites by Hilton hotel, and over 17 acres worth of retail development to include shopping and dining. Directly adjacent to the Site is Trailwinds Village, a separate 165-acre mixed-use development that will include Publix, Aldi, Lowe’s, and a number of other restaurants and retailers.
• Delivered Pad-Ready: The Site has been developed as filled tracts with utilities stubbed to the property line. As such, the Site will require minimal site work prior to beginning construction, allowing for reduced costs and a faster development timeline.