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This is more than just land—it’s a strategic investment along Bushnell’s emerging mixed-use commercial corridor on Highway 301. Priced at $650, 000, this 9-acre corner parcel offers a rare chance to secure a key position in Sumter County’s future. Located just about 3 miles from I-75 and roughly 6 miles from the Florida Turnpike, this parcel offers unbeatable access in the heart of Sumter County. The property features a large single-family home offering rental potential after a full rehab, and five grandfathered one-bedroom efficiencies also ripe for refurbishment. Three large storage structures add creative potential. With city water and sewer running along Hwy 301, infrastructure is set, and the gentle eastern slope is perfect for retention.
With massive investments flowing into nearby industrial parks like Monarch Ranch, Rick Scott, and Marlene O’Toole, this property is primed to serve the influx of jobs and businesses coming to the area. Developers can capitalize on the demand for services, retail, and even residential uses allowed under Bushnell’s General Commercial. Proximity to The Villages’ southward expansion, and Bushnell’s business-friendly environment, make this a pivotal piece for any forward-thinking investor. Whether you land bank or break ground, this parcel is your gateway to the next chapter of this dynamic mixed-use corridor. Please note that while showings of the land and single-family home can be easily arranged, any interior showings of the efficiencies require a minimum of 72 hours notice. This is a prime piece of land positioned right in the path of growth—let’s talk today about how this property can align with your next development project.
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$650,000
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 | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.333% | 6.520% | 5.783% |
| Monthly Tax Payment | $405 | $405 | $405 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,076 | $3,244 | $4,246 |
| Total Monthly Payment | $3,573 | $3,741 | $4,743 |
* 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.