Basic Information

  • MLS # A11554715
  • Type Residential
  • Status Closed
  • Total Size 736,890 Sq.Ft / 16.92 Acre
  • Date Listed 03/21/2024
  • Days on Market 60
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.

Amenities

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool No
  • Waterfront Description Lake Front, Lake Privileges
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 16.92 AcreSq.Ft
  • Sqft 16.92 Acre Sq.Ft

Property Features

  • Address 818 Oak
  • Aprox. Lot Size 736,890
  • Furnished Info no
  • Listing Terms Cash
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $6,200
  • Tax Legal desc SEC 22 TWP 16 RGE 23 PLAT BOOK W PAGE 082 SILVER SPRINGS SHORES UNIT 28 1ST REPLAT TRACT B
  • Tax Year 2023
  • Terms Considered Cash
  • Type of Property Residential
  • Waterfront Description Lake Front, Lake Privileges

818 Oak

Ocala, FL 34472

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