5 months on rocket

505 Cleveland Ave, Wildwood, FL, 34785

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
2 Full Baths
1,056 SqFt
$378/SqFt
House

Location

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505 Cleveland Ave, Wildwood$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingCentral
CoolingCentral Air
MLS #G5083200
Lot Size0.84 Acres
StatusActive

About 505 Cleveland Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 1,056 SqFt

Listing Office:

  • Office Name: FLAMINGO REAL ESTATE & MNGMT
  • Office Phone: (352) 689-1000
  • Listing Agent: Robbie Shoemaker

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk

Lot Features

Lot Information:

  • Lot Size: 0.84 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From the intersection of US HWY 301 & CR 466A (Cleveland). Head East on CR 466A. The property will be on the left. Look for sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $378/SqFt

Tax Information:

  • Annual Amount: $1,247
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wildwood, FL.

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Wildwood, FL

City

Med. Sold Price

$339.9K

Med. Price/SqFt

$197

Avg. Days On Market

69

# of Sold Homes

24

505 Cleveland Ave vs Wildwood

167 DAYS ON ROCKET

+98 Days

$399,000

+$59.1K More

$378/SqFt

+$180 More

KEY TAKEAWAY

This property is $59.1K more than the Median Sold Price and $180/SqFt more than other homes in Wildwood, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5083200

Listing Office:

  • Office Name: FLAMINGO REAL ESTATE & MNGMT
  • Office Phone: (352) 689-1000
  • Listing Agent: Robbie Shoemaker

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:19:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 02, 2019Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,247$72,680
2019$447$51,300
2017$424$49,320

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-443601
4
/10

  • Wildwood Elementary School

  • 300 Huey St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-443602
6
/10

  • The Villages Elementary of Lady Lake

  • 695 Rolling Acres Rd

  • 7.47 miles

  • Public District Grades PK-5

school-card-donut-443603
4
/10

  • Fruitland Park Elementary School

  • 304 W Fountain St

  • 7.58 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,363. Most Wildwood, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Cleveland Ave

What is the listing price of this property?

The listing price of 505 Cleveland Ave property is $399,000.

What type of property is this?

The property 505 Cleveland Ave is a house located in Wildwood, Florida, 34785.

Is this property for sale now?

Active Listing: 505 Cleveland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,247 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 2, 2019 for $125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Cleveland Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Cleveland Ave is 1,056 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Cleveland Ave is 1925.

Rocket Homes›Florida›Sumter County›Wildwood›34785›505 Cleveland Ave

This home is located at 505 Cleveland Ave in Wildwood, FL and zip code 34785. This 1,056 square foot home, which was built in 1925, sits on a 0.84 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $399,000.

Wildwood, FL housing market in October 2024 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 18 sold below. In October 2024 in Wildwood, FL there were 3% more homes for sale than in September 2024. In October 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $339,900.

From Rocket Homes Real Estate and based on county public records data.

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