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±1 Acre | Heavy Commercial. Annexed, zoned, and ready. This 1-acre parcel at 2889 County Road 523 represents a rare turnkey opportunity in Coleman’s growth corridor. Recently annexed into the City of Coleman with Heavy Commercial zoning secured, the property delivers immediate entitlement advantages in one of Central Florida’s most dynamic markets.
On site is an 1, 800 sq ft structure (built in 1989) with a two-unit layout currently classified and taxed as commercial. This building offers instant utility—whether as interim rental income, an office or service base, or adaptive reuse while your larger development plans take shape.
Strategic highlights:
• Heavy Commercial zoning in place—broad spectrum of uses from retail and office to warehouse and specialty commercial.
• Prime location minutes from The Villages, I-75, Florida’s Turnpike, and SR-44.
• FDOT’s U. S. 301 realignment and widening project is set to improve access and traffic visibility along this corridor.
• Surrounding growth: Coleman/Wildwood is experiencing notable economic development across industrial, commercial, and residential sectors. A nearby 358-acre industrial site reflects booming demand in distribution, logistics, and warehousing.
Florida commercial land continues to benefit from population expansion, business relocation, and strong market fundamentals. Here, you gain both immediate utility and long-term positioning in a pro-business, infrastructure-rich location. Buyers seeking additional scale may consider the adjacent property, offering the opportunity to assemble ±3. 41 acres in Coleman’s growth corridor with two paved road frontages.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $145 | $145 | $145 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,763 | $3,073 | $3,986 |
| Total Monthly Payment | $3,000 | $3,310 | $4,223 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.