$525,000
$575,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
50 Acres Lot
SOLD DATE : 05/22/2020
Key Details
Sold Price $525,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Smith Estates
MLS Listing ID O5802872
Sold Date 05/22/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Annual Tax Amount $2,824
Lot Size 50.000 Acres
Acres 50.0
Property Description
Investment, Residential, Development, Agricultural potential. This land is perfectly placed between two lakes and on the edge of the Ocala Natural Forest. Perfect for agriculture - It was a thriving citrus grove and has a complete irrigation system from Lake Smith, 50 acres of fertile soil and an agricultural exemption. Grow anything from hay to marijuana (currently has a few citrus trees). Ideal for development - It is zoned R-6, allowing you to build lake front homes, or simply divide into multiple residential lots. Peaceful for residential - There is already a home with views of Lake Smith, easy access to the fishing pear and dock, workshop, study/library, 2 master suites, 4 full baths plus much more, but best of all 50 acres of peace and natural beauty, all minutes away from shops and restaurants.
Location
State FL
County Lake
Community Lake Smith Estates
Zoning R-6
Exterior
Fence Wire
Utilities Available Electricity Available
Waterfront true
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Building
Lot Size Range 20 to less than 50
Sewer Septic Tank
Water Well
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional, USDA Loan
Listing Terms Cash, Conventional, USDA Loan
Special Listing Condition None
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Bought with KREIDEL REALTY GROUP
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