505 Cleveland AVENUE, Wildwood, FL 34785

$399,000 Asking Price

3 beds
2 baths
1,056  sqft
Built in 1925

This prime commercial real estate opportunity is located at the prominent intersection of County Road 466A (Cleveland Ave) and N Warfield Ave, offering unparalleled visibility with 400 feet of road frontage—145 feet on Cleveland Ave and 255 feet on N Warfield Ave—across 0.84 acres. Ideal for commercial development, this parcel represents one of the last remaining opportunities for redevelopment in a rapidly growing corridor. It provides ample space for parking and features multiple access points for ingress and egress, accommodating both Eastbound and Westbound traffic.The property includes an existing home with approximately 1,100 square feet of living space and a total gross area of 2,000 square feet, offering potential for immediate use or redevelopment. The area is undergoing significant growth, with single-family homes transforming into commercial enterprises such as real estate offices, medical practices, law firms, retail stores, professional offices, and senior care facilities. Utilities are fully available, including electric, water, sewer, internet, phone, and cable services.Surrounding amenities include major retailers and dining options such as Lowe’s, Home Depot, Outback Steakhouse, First Watch, Five Guys, and Publix. The property is conveniently located just minutes from The Villages, Trailwinds Village, Brownwood Town Center, and Pinellas Plaza, offering excellent access to a variety of amenities at a competitive price point. Seize this rare investment opportunity to become part of a thriving commercial corridor. Contact us today to explore the potential of this exceptional property.


Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Range, Refrigerator
Laundry:
Inside
Flooring:
Hardwood
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
Sidewalk

Construction

Roofing:
Metal
General:
HardiPlank Type, One, Crawlspace

Location

Road/Access:
Paved
Originating MLS:
Stellar MLS
County:
Sumter

Lot

Zoning:
R3, LOTS 8 TO 13 INCL BLK 7 HIGHLANDVIEW PB 1 PG 82 1/2 LESS RD R/W LESS THAT PORTION DEEDED TO COUNTY FOR RD R/W IN OR BK 2524 PG 587, G05C076

Utilities

Utilities:
Electricity Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS
Buyers Agent Compensation:
2.5%
NA Compensation:
0.0%

This listing courtesy of:
FLAMINGO REAL ESTATE & MNGMT, Robbie Shoemaker

About Wildwood, FL

Housing

Number of Units
19,285
Median Home Value
$292,752
Median Rent
$864

17.80% of housing units are renter occupied.

16.68% are vacant.

Commute

Car
44.34%
Public Transportation
0.11%
Walk to Work
1.28%
Work from Home
50.72%
Other
2.55%

The median travel time to work is 10 minutes.

People

Population
38,282
Median Age
59.70
Median Household Size
2.39

Education

High School
32.87%
Associate’s Degree
7.37%
Bachelor’s Degree
17.67%
Graduate Degree
13.33%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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