Skip To Content
    Return to Previous Page

    2618 NW 25TH Avenue

    Lake Panasoffkee, FL 33538
    • $775,000
    • STATUS: Closed
    • ON SITE: 275 days
    • MLS #: T3216569
    Sold - 09/24/2020
    $775,000
    SOLD - 09/24/2020
    • 0
      BEDS
    • 28.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    HUGE PRICE DROP, $80,000 price reduction. Offered for sale is a fully developed subdivision for Single Family houses or Mobile Homes, all of the utilities are in place and underground. Sewer,Electric, Water, Cable and Internet are all in place. Development cost alone for a project of this size would cost over a million dollars plus the cost of the land. This development is within a 10 minute drive from The Villages. Zoning allows for single family homes or manufactured homes. Over 28 acres platted for 52 sites, no development needed, no rezoning, no construction plan approval, no site development to complete, as this was already done by the current owner. This land is ready for immediate construction of single family homes, or as a mobile home park. The private street was just repaved at $30,000 and 5 brand new manufactured homes (5X $50,000) which are included in the purchase price, have been set up and are ready to be sold or rented (they can also be removed if the buyer prefers to develop single family homes). The lots can be sold off individually or kept by the property owner for a lot rent mobile home park, notably if the buyer elects to sell lots individually, this can be easily done. Water meter fees have already been paid and all 52 lots have been stubbed out for electric, water, sewer, phone, cable, and internet. The property is steps away from Lake Panasoffkee and includes deeded access to the private boat ramp. This development is surrounded by pristine nature and wildlife. This is a great opportunity to create a community in a location surrounded by retirement communities an RV Parks.

    Monthly Payment Calculator




    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-10-01T06:41:52.09.
    www.thegriffingroup.net/homes/101932673
    Print Image

    2618 NW 25TH Avenue Lake Panasoffkee, FL 33538

    • Price: $810,000
    • Status: Closed
    • Updated: 61 min ago
    • MLS #: T3216569
    0
    Beds
    0
    Baths
    0
    ½ Baths
    28.9
    Acres
    Neighborhood:
    Live Oak Terrace
    County:
    Sumter
    Area:
    Lake Panasoffkee
    Property Description
    HUGE PRICE DROP, $80,000 price reduction. Offered for sale is a fully developed subdivision for Single Family houses or Mobile Homes, all of the utilities are in place and underground. Sewer,Electric, Water, Cable and Internet are all in place. Development cost alone for a project of this size would cost over a million dollars plus the cost of the land. This development is within a 10 minute drive from The Villages. Zoning allows for single family homes or manufactured homes. Over 28 acres platted for 52 sites, no development needed, no rezoning, no construction plan approval, no site development to complete, as this was already done by the current owner. This land is ready for immediate construction of single family homes, or as a mobile home park. The private street was just repaved at $30,000 and 5 brand new manufactured homes (5X $50,000) which are included in the purchase price, have been set up and are ready to be sold or rented (they can also be removed if the buyer prefers to develop single family homes). The lots can be sold off individually or kept by the property owner for a lot rent mobile home park, notably if the buyer elects to sell lots individually, this can be easily done. Water meter fees have already been paid and all 52 lots have been stubbed out for electric, water, sewer, phone, cable, and internet. The property is steps away from Lake Panasoffkee and includes deeded access to the private boat ramp. This development is surrounded by pristine nature and wildlife. This is a great opportunity to create a community in a location surrounded by retirement communities an RV Parks.
    Exterior Features

    Fencing Boundary Fencing Front Footage 600 Lot Features BuildableClearedStreet PavedStreet PrivateWooded Lot Size Dimensions 50X100 Water Access Limited Access Water Access Yn Yes Water Body Name Lake Panasoffkee Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Sewer Private Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Association Fee Requirement None Association Yn No Cdd Yn No Flood Zone Code X For Lease Yn No Listing Terms CashConventional Property Sub Type Residential Special Listing Conditions None Tax Annual Amount 1927.85 Tax Year 2019 Utilities Cable ConnectedPrivateUnderground UtilitiesWater - Multiple Meters Zoning Mixed Use


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Flagship Real Estate Services.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-10-01T06:41:52.09.
     
    Logo
    Griffin Group | Keller Williams
    18302 Highwoods Preserve Parkway #110
    Tampa FL, 33606