2889 COUNTY ROAD 523, Wildwood, FL, 34785 | $600,000

±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.

Features

  • Property Type: Mixed Use
  • Construction: Block
  • Cooling: Other
  • Year Built: 1989
  • Approx Sq. Feet: 1,800
  • Acreage: 1
  • Est. Taxes: $1,742
  • Lot Desc: City Lot
  • MLS#: G5101603
  • Days on Market: 238 days
  • Website: https://www.raveis.com
    /prop/G5101603/2889countyroad523_wildwood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/17/2026 11:06:21 AM)
Listing courtesy of CONNIE MAHAN REAL ESTATE GROUP   Phone: 352-569-0233

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NMLS Mortgage Loan Originator ID 16953

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2889 COUNTY ROAD 523, Wildwood, FL, 34785

$600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
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.