

15.35 ac for 300 Apt Units in Wildwood
15.35 ac for 300 Apt Units in Wildwood
Marketing description
PROPERTY DESCRIPTION - Twisted Oaks is a master-planned mixed-use community currently being developed by Kolter. The opportunity is to purchase a pad-ready site of 15.35± acre site (the "Property") within the community entitled for 300+ units of apartments. While offered as 300 units, there are additional entitlements available should the buyer prefer more units. The Property is directly adjacent to the retail component of Twisted Oaks which fronts US-301 just north of downtown Wildwood, FL and is less than 1-mile from the Villages. Twisted Oaks ill feature a combination of residential housing types including over 1,100 single family detached homes, 250 town homes, 550 apartment units (300 of which are the subject of this offering). In addition, the community will feature commercial and retail uses intended to support and benefit residents of the community. There is no co-broker fee offered on this property.
LOCATION DESCRIPTION- The Property is located within the city limits of Wildwood, Florida, west of US-301, and south of County Road 462. The property is located 2 miles north of State Road 44, 2.5 miles north of the Florida Turnpike, and 4.5 miles east of the interchange of State Road 44 and Interstate 75. The project is located west of the largest active adult master-planned community in the United States, The Villages. It has convenient access to the Florida Turnpike, providing access to I-75 in under 5 minutes. The Property is also well located with respect to existing shopping, dining, golf courses, and medical care provided within The Villages.
PROPERTY SIZE - 15.35 Acres
ZONING- 300 units of apartments are allocated to this parcel
COMMUNITY DEVELOPMENT DISTRICT - The Property is not included in the Twisted Oaks CDD, but will be required to pay an annual contribution for master stormwater operations and maintenance.
PARCEL ID - A portion of Sumter County PID D31-007
MASTER STORMWATER - Lakes L-20 and L-21 have been constructed by the master developer and can be modified, should a buyer wish to reconfigure the layout.
PRICE - $7,500,000 which is $25,000 per unit
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