695 N Us 301 is a $230,000, 840 square foot, 2 bedroom, 1.0 bath home on a 1.30 acre lot located in Sumterville, FL.
Better than Money in the Bank. A GREAT investment. Here's why... 301 is approved to be 4 lanes. There is a proposed Hwy 75 exit at 514 (Coleman landing overpass). 301 is being rerouted around Coleman and widened to 4 lanes. A huge area between 301 and Hwy 75 is industrial zoning and under development. Plus you have all the Villages housing. Higher traffic count equals higher land prices. If you've driven from Coleman to Sumterville you know this property. For 25 years it was a plant nursery. The widening of 301 will take approximately 25 feet off the southern corner of this property. Lot size is approx. 290 ft of road frontage and about 215 ft deep -- 1.3 acre lot. There is a solid block home on the site, it needs cosmetic work, otherwise seems structurally sound with no bigger issues. Use it to collect rent until you develop. Also a tool shed/well house. Plenty of big Beautiful oak trees, well pump recently replaced. There is a driveway easement on the north side of the property. Seller is reasonably Motivated. This one is a solid investment.
|Property Sub Type
Single Family Residence
south sumter middle
Based on information from Stellar MLS, last updated 02/23/2024 at 04:45am MST. Listing information is provided exclusively 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. Information deemed reliable but not guaranteed by the MLS or this website.