Silver Springs Removal
8945 Northeast 151st Avenue, Silver Springs, FL, USA
SOLD (12/23)
$37,000
Property Details
Property Type
Beds
Baths
Mobile Home Lot
0
0
Rehab Budget
Place New Manufactured Home
Market Rent
Square ft
0
Annual NOI%
Lot Size
.40 Acre
ARV
$235,000
Year Built
1985
Status
Description
Almost half an acre (.40) in Silver Springs. Property is in a small lake neighborhood and down a dirt road. Priced for the land value!
Silver Springs - Marion County
Zoning: R4
Well/Septic (placed)
2022 Taxes: $862
There are two mobile homes on the property that need to be removed before January 10, 2024.
Demo/Removal responsibility is BUYER'S
Code Enforcement Violation requires removal before hearing set on Jan. 10.
No financial penalty if removed before code hearing.
Can recommend local removal contractor.
(Demo permits cost = 2 x $144, issued same day walk-in)
ARV: This is a conservative $220k, but more like $240k with a 3/2 MH at least 1600 sq ft.
Comps
8536 NE 153rd Ave - $250k - MH placed in 1998 (Updated) - .64 acre lot
8357 NE 147th Ave - $134k - MH placed in 1989 (NO UPDATES) - .34 lot
Currently has 2 single wide mobile homes, zoning allows MH and Multifamily dwellings. Density guidelines may confirm you can put 2 new rentals on this property!
10 minutes to restaurants/groceries. 15 minutes from Burbank Speedway. 15 minutes to hiking trails. 25 minutes to Ocala.
**THIS IS A CONTRACT FOR ASSIGNMENT
**$3,000 non-refundable deposit
**Closes on or before 12/15/2023
If you have questions or interest in this property text or call me at (407) 906-8348.
Contact Number
(407) 906-8348
Location
8945 Northeast 151st Avenue, Silver Springs, FL, USA









