Address
2811 NE 52ND COURT Silver Springs, FL
Price
$ 375,000
Property Attributes
  • MLS#G5036526
  • TypeLand
  • CountyMARION
  • CitySilver Springs
  • AreaSilver Springs
  • NeighborhoodMONTEREY VILLAGE REV
  • Zip34488
  • Style
  • Taxes$ 2931
  • Price$ 375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.53 Acres
Listing Provided Courtesy Of:
WHITE PELICAN REALTY, INC.
Data Source:
Stellar MLS
Property Description

BACK ON MARKET 2 PREVIOUS BUYERS WERE UNABLE TO COMPLETE PURCHASE. PRIME DEVELOPMENT PROPERTY ATTENTION INVESTORS & DEVELOPERS IDEAL MULTIFAMILY, SINGLE FAMILY OR MIXED USE. TWO DEVELOPMENT OPPORTUNITIES NEAR HWY 35 & HWY 40 IN SILVER SPRINGS REDEVELOPMENT DISTRICT. CORNER 5.53 AC PARCEL ZONED R3. IDEALLY SITUATED CLOSE TO WALMART, ALDI, OUTBACK, BOB EVANS, POST OFFICE, DAIRY QUEEN, DARRYL'S, WALMART, LOWES, MOJO'S, MUSEUM, PUBLIX & MULTIPLE SHOPPING CENTERS. WATCH VIDEO PROPERTY TOUR WITH SURROUNDING AREAS DEPICTED. ~ 5 MILES FROM DOWNTOWN OCALA. OPTION A: 55 PLUS 50 UNITS DESIGNED AS 2 BED /2 BATH UNIT COMMUNITY TO BE CONSTRUCTED IN ACCORDANCE TO SILVER SPRINGS REDEVELOPMENT PLAN OF MARION CO FL. (DEVELOPER'S AGREEMENT ATTACHED IN DOC TAB) CONSTRUCTION TO COMPLY WITH FLORIDA VENACULAR ARCHITURE REQUIREMENTS, 50 UNITS COMPRISED OF 12 QUAD BLDG AND 1 DUPLEX BLDG. BONUS OPTION TO ADD 10 ADDITIONAL UNITS WITH THE PURCHASE OF 10 PROPERTY CREDITS FOR A TOTAL OF 60 UNITS. ADD'L UNITS REQUIRE REZONING FROM R3 TO PUD REQUIRED. COMPRISED AS 15 QUAD BLDGS FOR 60 UNITS.. OPTION B: 88 UNIT TOWNHOMES DEVELOPMENT (16 UNITS PER AC DENSITY) . REQUIRES VACATING EXISTING DEVELOPER'S AGREEMENT TOGETHER WITH APPROVAL PROCESS. MARION CO PROP APPRAISER PROVIDED DEMS AS: 323' X 545' X 356' X 210' X 509'. MARION CO BLDG & ZONING INDICATED PROPERTY IS FLOOD ZONE X. PROPERTY INCLUDES AN EXISTING FREE STANDING STRUCTURE OF NEGLIGENT VALUE NOT WARRANTED. THE BLDG WOULD HAVE TO BE DEMOLISHED & REMOVED FOR DEVELOPMENT. VARIOUS GRANTS ARE AVAILABLE TO SUPPORT PROPERTY DEVELOPMENT. BUYER TO PERFORM THIER OWN DUE DILIGENCE TO VERIFY INFORMATION & SUITABLILITY. INFORMATION DEEMED ACCURATE BUT NOT WARRANTED. PROJECT PACKAGE INCLUDING INFORMATION AVAILABLE BY SEPARATE FEE. WITH A TEAM READY TO COMPLETE EITHER DEVELOPMENT PROJECT.

Price History
8/22/2021 Listed $349,900

General Features

Additional Parcels Y/N No
Building Area Units Square Feet
City SILVER SPRINGS
County Marion
Current Use Commercial
Days on Market 117
Directions FROM CR 35 TURN WEST ON HWY 40 (SILVER SPRINGS BLVD). TURN NORTH ONTO NORTHEAST 52ND COURT. PROCCED TOWARD END OF 52ND COURT. FENCED PROPERTY ON WEST SIDE OF STREET PAST MOM & POP TRAILER PARK. CORNER
Disclosures Other
Facing Direction Northeast
For Lease YN No
MLS Area 34488 - Silver Springs
Other Structures Other
Ownership Fee Simple
Property Type Land
Sewer Public Sewer
Standard Status Active
Status Active
Street Name 52ND
Subdivision Name MONTEREY VILLAGE REV
Tax Annual Amount 2931.86
Tax Lot 1
Tax Year 2019
Township 15S
Utilities BB/HS Internet Available, Electricity Available, Public, Sewer Available, Water Available
Virtual Tour https://youtu.be/mwLHycip1zw
Water Access YN No
Zoning R3

Interior Features

Flood Zone Code Zone X
Front Footage 545
Living Area Units Square Feet
Street Suffix COURT

Exterior Features

Fencing Chain Link
Lot Dimensions 323x545x356x210x509
Lot Features Buildable, In County, Paved
Lot Size Acres 5.53
Lot Size Square Feet 240887
Road Frontage Type City Street
Road Surface Type Paved
Vegetation Wooded
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No
Zoning Compatible YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34488

Price
AVG $20K
$380K
Taxes
AVG $68
$2,931
Visits
AVG 51
64

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