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When opportunity knocks, this property opens the door, all 15 of then. Within the Bushnell city limits, this 1. 08-acre parcel represents a rare, ready-to-build multifamily opportunity in one of Central Florida’s fastest-growing corridors. Zoned RMF-15 and approved for 15 units, it offers the exact blend of location, infrastructure, and entitlement that every small-scale developer hopes to find—but rarely does. The site is already equipped with city water, city sewer, and high-speed fiber at the front property line allowing construction to begin without costly delays or utility extensions. It’s a true plug-and-play development site, positioned perfectly for those who value time, certainty, and return.
Strategically located near Interstate 75, U. S. Highway 301, and the Florida Turnpike, the property offers effortless regional connectivity for future residents. Downtown Bushnell, with its growing mix of local businesses, restaurants, and civic facilities, is just minutes away. The site also sits within the commuter orbit of The Villages, one of the nation’s most dynamic growth engines, driving regional demand for workforce and attainable housing. According to Sumter County data, more than 60% of the county’s workforce commutes in each day—a compelling indicator of unmet local housing needs. Developers searching for a small, manageable project that meets a real community demand will recognize the potential immediately.
At an asking price of **$300, 000—just $20, 000 per door—**the opportunity is priced for accessibility and value. For those looking beyond the first phase, a 1. 08-acre adjoining parcel (Phase II) is also available, already zoned RMF-15 and approved for an additional 15 units. Together, the combined 2. 16 acres can support 30 doors of new multifamily housing, offering the scale, flexibility, and staging potential that make financing and absorption more predictable. Owner financing is available for Phase II, adding yet another layer of appeal for investors seeking creative acquisition options in a high-growth market.
Few properties within Bushnell’s city limits check every box—zoning, utilities, access, and expansion potential—all in place. This one does. Whether your vision is to build and hold, develop and sell, or assemble both parcels for a longer-term project, the fundamentals here are sound: established infrastructure, strong demand, and a municipality that welcomes smart residential growth.
In short, this is a turn-key canvas for a small-scale multifamily developer or an investor ready to participate in Bushnell’s next wave of progress—an opportunity where infrastructure, zoning, and timing align perfectly in the heart of Central Florida’s growth corridor. Call or message us today. We are ready!***the video shown and some of the pictures were rendered when originally the Seller was offering Phase I and Phase II At the same time. Call for decals and a though presentation. We would be happy to run though it all.
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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 | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,325 | $1,420 | $1,914 |
| Total Monthly Payment | $1,400 | $1,495 | $1,989 |
* 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.