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3848 WARM SPRINGS AVENUE, Wildwood, FL, 34785

3beds
2baths
1,620sqft
$799,000
$493price/sqft
$5,330/moest. monthly cost
$213,200/yrincome needed

About This Home

Exceptional opportunity to acquire 3 acres in a highly strategic growth corridor with potential for annexation into the City of Wildwood. Ideally situated on Warm Springs Avenue directly across from the Village of Fenney, this property offers outstanding visibility and exposure with nearly 19,000 daily traffic trips. The location provides convenient access to residents of The Villages, one of the nation's fastest-growing master-planned communities, making it an attractive prospect for future commercial development or other potential uses. With strong surrounding growth and excellent road frontage, this property presents significant investment and development potential. The value is in the land; the existing home is being sold as-is and is not considered contributory to the property's value. Buyers are encouraged to conduct their own due diligence and verify all information, including zoning, annexation possibilities, and future land-use opportunities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

8/10
3/10

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: None

Bedroom2

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Bedroom3

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Thermostat
  • Flooring: Laminate

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,496
  • Total interior livable area: 1,620 sqft

Kitchen

  • Level: First
  • Area: 150
  • Dimensions: 15x10

Living Room

  • Level: First
  • Area: 300
  • Dimensions: 20x15

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 150
  • Dimensions: 15x10

Property

Details

  • Parcel number: G30098
  • Zoning: RR1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Rain Gutters
  • Fencing: Fenced

Lot

  • Lot size: 3 Acres
  • Features: City Lot,Level,Near Golf Course,Oversized Lot

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
Tornado
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Sumter County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$413$4,956
Property Taxes $680$8,160
Electricity $197$2,366
Total$5,330$63,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,742/yr
40% on housing$159,900/yr
45% on housing$142,133/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.6%
16.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$493This listing

vs Other Active Listings

Avg $/sqft

ZIP 34785$150
Sumter County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 34785$173
Sumter County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$779,000
2026-06-15Listed for sale$799,000

For Sale by Agent

AgentBrandon English
BrokerageENGEL + VOELKERS SARASOTA

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