TBD 470 HIGHWAY, SUMTERVILLE, FL, 33585
Active512 days on marketListed Feb 27, 2025MLS #OM696078
About this home
TBD 470 HIGHWAY
Seize this rare opportunity to acquire a prime parcel of vacant commercial land, ideally located near the signalized intersection of, Hwy 301 and Hwy 470, just minutes from the newly expanding town of Middleton, Florida – a vibrant part of The Villages community. This strategically positioned 5.5 acres 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. The 20 acres abutting the property will be home to the new Sumter County Municipal complex and headquarters including the clerk of the court offices and new state of the art fire training center. Development is currently underway. Situated on Hwy 470, which is set for widening, it makes access and visibility even more desirable for this property. Located just 3 mile from Middleton, a community within The Villages, the largest and top selling residential communities in the country. Whether you're looking to parcel out for retail, commercial, or mixed-use development, the potential is limitless. Capitalize on the rapid growth of the surrounding area and establish your footprint in one of Florida's most sought-after communities. Don’t miss out on this once-in-a-lifetime chance to secure a prime commercial location with unparalleled exposure, right in the heart of a bustling, growing area. See adjoining property listed OM695931
Facts & features
The home at a glance
5.57 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.
$17,474 /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
$17,474/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 816% above the SUMTERVILLE 33585 median. See the full Sumterville market guide →
Paper trail
This home's history
Reality check
What actually sold near TBD 470 HIGHWAY
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 · Jan ’26$246,075
1593 TEXAS AVENUE
3 bd · 2 ba · 1,302 sqft · $189/sqft · 31 DOM
Sold · Mar ’26$344,900
2924 CR 526
3 bd · 2 ba · 1,402 sqft · $246/sqft · 39 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 TBD 470 HIGHWAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for TBD 470 HIGHWAY — 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
TBD 470 HIGHWAY FAQs
What would the monthly payment be for TBD 470 HIGHWAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $17,474/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 TBD 470 HIGHWAY?+
The most recent tax bill on record (2024) was $8. 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 $3,000,000, this home is listed about 902% above the Sumterville median of $299,500. The market section on this page shows how the area is trending.
Which schools are assigned to TBD 470 HIGHWAY?+
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
Three things that matter here
01Positioned at the premium end
$3,000,000 runs 816% above the SUMTERVILLE 33585 median.
02Time on market is leverage
512 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.
Listing courtesy of BOYD REAL ESTATE LLC · Erin Freel. MLS #OM696078.
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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