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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

KS2.png

Kelly Boulton

111 N. Orange Ave, Orlando Fl 32801

+1 (407) 906-8348

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