16117 Ne 5th Place, Silver Springs, FL 34488

$63,000
3
BD
1
BA
1,250
SqFt

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Sold Price
$63,000
List Price
$69,900
Status
Sold
Days on Market
6
Closing Date
Dec 21, 2023
MLS#
OM668756
Foreclosure
Yes
Property Style
Single Family
Year Built
1973
Bedrooms
3
Bathrooms
1
Living Area
1,250
Lot Size
15,246
Acres
0.35
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Red Water Camp
MLS Area Major
Silver Springs

Property Description

Attention all investors - great opportunity to add to your portfolio. Very private setting, close to the Ocala National Forest. Either flip and sale or keep for rentals. There are two buildings on the property, both need to be completely renovated. The main house has 3 bedrooms, 1 bathroom, kitchen, living room and family room with fireplace. Condition of the fireplace is not known. The second building was used as a studio apartment. It consists of kitchen, living room/bedroom and bathroom. There is no heat source, no air conditioning and the condition of the well and septic is unknown. There are soft spots on the floor in the main building so be extremely careful if entering the building. The property is on an unimproved dirt road, it may not be accessible with all vehicles. The sand on the property is very soft, please park on the road to view the property. NOTE: this is a foreclosed property, seller has no first hand knowledge of the property. It is the buyer's responsibility to verify all facts.

Additional Information

Taxes
$1381
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R1
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Other
Appliances
None
Utilities
Electricity Available
Heating
Other
Air Conditioning
None
Fireplace Description
Wood Burning
Exterior Construction
Vinyl Siding
Exterior Features
Garden
Roof
Shingle
Foundation
Pillar/Post/Pier
Pool
No Pool
Flood Zone Code
X, A
Parcel ID
32307-007-01
Legal Description
SEC 14 TWP 15 RGE 24 PLAT BOOK UNR RED WATER CAMPSITES LOT 20 BEING MORE PARTICULARLY DESC AS: FROM THE NE COR OF NW 1/4 OF NW 1/4 OF SEC 14 TH S 88-33-40 W 765.20 FT TH S 440 FT TO THE POB TH CONT S 110 FT TH E 150 FT TH N 110 FT TH W 150 FT TO THE POB SUBJECT TO AN EASEMENT OVER THE S 10 FT THEREOF

Listing courtesy of LOCAL REALTY SERVICES LLC. 352-591-3350

Selling Office: EXP REALTY LLC.

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