11987 S Us Hwy 301 Belleview, FL 34420
Estimated payment $6,350/month
About This Lot
Two manufactured housing development projects in fast-growing Marion County, just minutes from The Villages, offered together for $2.495M 80 planned double-wide homesites on 15.77 acres across Belleview and Summerfield, FL At pro forma $700 lot rent and a 5.5% cap, a stabilized 80-pad portfolio here supports an estimated value of ~$8MBelleview project: 31 pads at 11987 S US Hwy 301, Belleview, FL 34420 - PMH-zoned, fully entitled, shovel-ready with signed permits, public water/sewer, Duke Energy, strong US-301 frontage, plus an existing ~1,500 sq ft home ideal for future clubhouse/sales office. Summerfield project: 49 pads at 9345 SE 140th Pl, Summerfield, FL 34491 - 10 acre cleared site with public utilities, PMH-zoned and concept plan approved, near US-441 and The Villages Ground-up development with upside beyond a typical stabilized community; sites are ~10 minutes apart for shared crews, staging, home orders, and management to reduce per-pad construction and operating costs, with a natural phased strategy to stabilize Belleview first and, potentially refinance it to help fund infrastructure and home rollout at Summerfield Flexible exit: land-lease, home sales, and/or rentals Contact listing agent for the full OM; access by appointment only-do not disturb sites or neighbors.
Property Details
Property Type
- Land
Est. Annual Taxes
- $533
Lot Details
- 5.77 Acre Lot
- Lot Dimensions are 328x770x330x763
- Property fronts a state road
- Additional Parcels
Utilities
- Electricity To Lot Line
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $1,200,000 | 0.0% | -- |
| 08/05/2025 08/05/25 | Off Market | $1,200,000 | -- | -- |
| 06/17/2025 06/17/25 | Price Changed | $1,200,000 | -3.2% | -- |
| 03/18/2025 03/18/25 | Price Changed | $1,240,000 | -11.1% | -- |
| 02/05/2025 02/05/25 | For Sale | $1,395,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12284779
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