$100,000
$99,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,605 SqFt
SOLD DATE : 10/13/2021
Key Details
Sold Price $100,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,605 sqft
Price per Sqft $62
Subdivision Govt Lease Lt Shoesole Lake
MLS Listing ID OM618035
Sold Date 10/13/21
Bedrooms 3
Full Baths 1
Construction Status Inspections
HOA Y/N No
Land Lease Amount 1700.0
Year Built 1975
Annual Tax Amount $471
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 150x200
Property Description
That Peace and Quiet opportunity you have been looking for!! View Awesome sunsets off your dock every evening. 3 bedroom Lakefront Cottage in the Ocala National Forest located 20 minutes east of Silver Springs, Fl. Furnishings remaining at time of closing stay with the property. Boats are limited to under 10 horsepower motors. Full time residency is not allowed.
Buyer is responsible for property taxes and the annual lease fee.
The cottage is purchased cash and the land lease is transferred to buyer by the US Forestry Service.
US Forest Service Leases -- This property is under the Federal Recreation Residence program and leased under a special use permit. See docs attached for US Forestry service rules and Regulations. Annual lease fee is $1,753, transfer fee (one time)- $1,302. Basically the structures on the land are owned by the seller, but the land itself is leased to the seller by the US Forestry Service.
This process can take some time. the funds to close are placed in escrow with the title company and the buyer makes application with the Forestry Service to transfer the special use permit. The transfer is approved and sent to Tallahassee to be signed and returned, which can take weeks. The funds are disbursed and keys delivered to buyer when the permit comes back.
Location
State FL
County Marion
Community Govt Lease Lt Shoesole Lake
Zoning R1
Interior
Interior Features Vaulted Ceiling(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
View Water
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description Cleared, Unpaved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with FONTANA REALTY EAST OCALA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
derek.ratliff@riserealtyadvisors.com
10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA