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25453340
21979162

Miller Boulevard (CR 466A), The Villages, FL 32163

JT
FL BK667363
NAI Realvest - Orlando
Listed by NAI Realvest - Orlando
$10,500,000
1071 days on market
Updated 62 days ago

Senior Housing - CCRC- 55+ PUD The Villages

Details
APN 051924000300007300
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Acreage 60.000
Zoning PUD

Senior Housing - CCRC- 55+ Approved PUD/Mixed-Use Land

Marketing description

This expansive 60-acre parcel of land is an approved Planned Unit Development (PUD) with mixed-use entitlements, specifically designed to cater to the 55+ community. With its strategic location adjacent to the renowned community of The Villages, this property offers tremendous potential for development and investment opportunities.

The PUD has been meticulously planned and is authorized for the construction of up to 900 units within its boundaries. All Continuing Care Retirement Community (CCRC) uses are permitted, ensuring a comprehensive range of residential options and amenities for the target demographic.

The Master Development Agreement for this property is consistent with R-15 zoning regulations, permitting up to 15 dwelling units per acre. This allows for flexible development possibilities, including single-family attached and detached homes, two-family (duplex) units, as well as multi-family buildings.

Infrastructure-wise, the property boasts a gravity sewer system that efficiently serves the PUD, connecting to a well-designed lift station. This ensures smooth wastewater management and provides convenience for future residents.

In terms of accessibility, the property benefits from a full opening median on Miller Boulevard (CR 466A) with left in and left out access, enhancing traffic flow and making it easier for residents and visitors to navigate the area.

In summary, this 60-acre mixed-use PUD in Fruitland Park, FL presents an exceptional opportunity for development. With its approval for age restricted 900 units and mixed-use entitlements, including all CCRC uses, the property offers flexibility and potential for a diverse range of residential options. Coupled with its advantageous location neighboring The Villages, this property promises an ideal setting for a thriving 55+ community.

Investment highlights

  • 60± acres: PUD mixed-use entitled for 900 units (55+)

  • Master Development Agreement consistent with R-15; up to 15 du/ac permits:

    • Single-family attached and detached homes

    • Two family (duplex) residences

    • Multi-family dwellings

    • All CCRC (Continuing Care Retirement Comm) uses

  • Gravity sewer serving PUD leads to lift station

  • Adjacent to the Villages, healthcare and amenities

  • Join with adjacent 52± ac and/or 42± ac parcels

























Listing Contacts

JT
FL BK667363
NAI Realvest - Orlando
Listed by NAI Realvest - Orlando

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Additional Information

Name
Jason Toll
License
BK667363
Brokerage
NAI Realvest
Title
Real Estate Broker
Brokerage Address
1800 Pembrook Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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