$610,000
$200,000
205.0%For more information regarding the value of a property, please contact us for a free consultation.
17.4 Acres Lot
SOLD DATE : 05/20/2024
Key Details
Sold Price $610,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A11554715
Sold Date 05/20/24
HOA Y/N No
Annual Tax Amount $6,200
Tax Year 2023
Contingent No Contingencies
Lot Size 17.400 Acres
Acres 17.4
Lot Dimensions 1180x200
Property Description
17.4 acres in the sought-after Silver Springs Shores area. $200k starting bid. The land currently boasts R3 zoning, allowing for varied residential uses. Situated on a lake with approval for 15 units per acre, the property offers the potential for high-density residential development. Desirable demographics include more than 172,500 residents with an average household income above $68,000 annually within 10 miles of the property. Only 19% of these residents rent as their primary form of housing, and there has been limited new inventory and an increasing renter demographic within the last few years, setting this asset up for success. Other points of interest nearby include the Baseline Golf Course, Lake Diamond Golf & Country Club, the Silver River Museum, and Silver Springs State Park.
Location
State FL
County Marion County
Area 5940 Florida Other
Direction Corner of Oak Rd and Hickory Lane
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Yes
Waterfront Description Lake Front,Lake Privileges
View Lake
Present Use Other
Building
Sewer Public Sewer
Water Public
Others
Tax ID 2028
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with LPT Realty
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