1862 S US 301, SUMTERVILLE, FL, 33585
Active360 days on marketListed Aug 7, 2025MLS #G5100542
About this home
1862 S US 301
NEWLY ANNEXED 30 +/- Acres ZONED COMMERCIAL currently been annexed into the City of Bushnell! Water and Utilities are now available. This property now offers many uses with the current rezoning to include Permitted Uses: Offices, Laundromat and dry-cleaning retail stores, convenience stores with or without fuel service, adult congregate living facilities/skilled nursing, retail sales and services/outdoor display, office complex, medical office/clinics. parking garages, banks, bars and lounges associated with restaurant use, hotels/motels, shopping center/malls, rental storage facilities, RV Parks and among many other uses. Situated on Hwy 301 with Bushnell city limits now, makes access and visibility even more desirable for this property which is located across the street from the Langley Medical Complex and Lake-Sumter State College Campus Facility! You are also within a few miles from Middleton, a community within The Villages, the largest and top residential selling communities in the country. This property is strategically positioned and sits between I-75 and the Florida Turnpike, offering exceptional accessibility and visibility for businesses seeking a high-traffic location. With utilities to the site, this property is primed for immediate development with Heavy Commercial Land Use.
Facts & features
The home at a glance
29.38 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$25,851 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$25,851/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Sumterville
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sumterville. See the full Sumterville guide →
SUMTERVILLE 33585 — neighborhood snapshot
Population
1,424
Median age
39.2
Median income
$80,972
Median home value
$213,900
Avg household
2.97
Households w/ children
144
For the school run
Sumter County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sumterville market
$295K → $400K
Sumterville median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Sumterville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1204% above the SUMTERVILLE 33585 median. See the full Sumterville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1862 S US 301
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$100,000
2477 CR 526
3 bd · 1 ba · 800 sqft · $125/sqft · 19 DOM
Sold · Dec ’25$509,050
2748 CR 543
2 bd · 1 ba · 1,008 sqft · $505/sqft · 162 DOM
Sold · Nov ’25$38,000
1595 CR 543B
3 bd · 2 ba · 1,092 sqft · $35/sqft · 73 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1862 S US 301 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1862 S US 301 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1862 S US 301 FAQs
What would the monthly payment be for 1862 S US 301?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $25,851/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1862 S US 301?+
The most recent tax bill on record (2024) was $1,849. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sumterville?+
At $4,425,000, this home is listed about 1377% above the Sumterville median of $299,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1862 S US 301?+
Lake Panasoffkee Elementary School (elementary), South Sumter Middle School (middle) — Sumter County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$4,425,000 runs 1204% above the SUMTERVILLE 33585 median.
02Time on market is leverage
360 days on market against a Sumterville median of 55 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Lake Panasoffkee Elementary School, South Sumter Middle School — South Sumter Middle School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $4,895,000, now $4,425,000 — a $470K cut. The full history is in the market section below.
Listing courtesy of COLDWELL BANKER STEVENS RE · Jeremy Stevens. MLS #G5100542.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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