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11156 CR 209 - 50 Acre Multi-Family Site(6 units per acre)

49.27 Acres of Residential Land Offered at £4,809,000 in Oxford, FL 34484

Property Facts Under Contract

Price £4,809,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 49.27 AC

1 Lot Available

Lot

Price £4,809,000
Price Per AC £97,605
Lot Size 49.27 AC

Description

Village of Oxford is a Fifty (50) acre+/- site zoned and approved for up to Six (6) residential units per acre, including townhomes, villas, and single-family residents. Utilities are located on-site and with ample capacity. This site has excellent visibility and access with over 2,100 linear feet of road frontage and is high and dry and fully useable with no loss of developable land to wetlands. This development is poised for success and located only minutes away from The Villages, one of the nation's fastest-growing master-planned communities and the largest 55+ community in the country. With excellent proximity to schools, shopping, entertainment districts, and restaurants, this community is an attractive destination professionals, families, and retirees making it a unique opportunity for single-family homes and long-term rentals alike. Village of Oxford provides incredible access to the Florida Turnpike, I-75, & US Hwy 301. Orlando, Tampa, and Gainesville are less than an hour's drive. Orlando International Airport, Tampa International Airport, and Disney World are an hour's drive. The Villages Charter School, Super Wal-Mart, Publix, Bonefish, Olive Garden, Red Lobster, Marshalls, HomeGood, and much more are just minutes away. Adjacent neighborhoods (Sumter Crossing & Oxford Oaks) are gated and price points range from the $300's to $2,000,000. Retirees continue to seek their dream homes in The Villages in large numbers. Sumter County, because of the growth of The Villages, ranks sixth in the nation and No. 1 in Florida in new home construction for the decade 2010-20, according to the U.S. Census Bureau. The number of homes in Sumter grew during the 10-year period from about 53,000 to about 75,300, an increase of 42%. The lofty ranking comes as no surprise to Sumter County Property Appraiser Joey Hooten, who witnesses the housing growth on a daily basis. “Sumter County is the envy of the state,” Hooten said. “It’s because we have sustained growth no matter what the economy throws at us.” That can be attributed to the demand for the lifestyle available in The Villages, Hooten said. “No one has done what we’ve been able to do in this county over the last 10 years,” he said. “It’s nothing short of amazing. And it’s all about what’s being offered in The Villages.” It doesn’t appear to be slowing down any time soon either, Hooten added. “People are moving here more than ever,” he said. (George Horsford, Daily Sun)

zoning

Zoning Code R-2 (00100 - Single Family)
R-2 (00100 - Single Family)
  • Listing ID: 27651452

  • Date on Market: 01/02/2023

  • Last Updated:

  • Address: 11156 CR 209, Oxford, FL 34484

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