$33,000
$34,900
5.4%For more information regarding the value of a property, please contact us for a free consultation.
14530 SE 61ST STREET RD Ocklawaha, FL 32179
2 Beds
1 Bath
798 SqFt
Key Details
Sold Price $33,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 798 sqft
Price per Sqft $41
Subdivision Govt Lease Lt Shoesole Lake
MLS Listing ID OM644512
Sold Date 10/28/24
Bedrooms 2
Full Baths 1
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1975
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 150x200
Property Description
This is a United States Forest Service Recreational Residence lease property. Price reflects the condition of the property, but not its potential. Hunt / Fish make memories Camp! Lets talk about the cabin itself, it’s a mess and has not been used in many, many years. The Forestry Service has a letter stating all the repairs that need to be made BEFORE they will consider a transfer of the lease to the Buyer, and these are just on the outside. The buyer is responsible for these repairs, which is reflected in the price. You will want to do more on the inside, but the Forestry Service permission’s are only required with outside appearance. Property is “As-Is”, Keep what you want on the inside and throw out the rest.
The upside - This Lakefront Oasis from that mad world out there is where you, your friends and family will make memories to last lifetimes and generations!! Nestled in the Ocala National Forest located 20 minutes east of Silver Springs, Fl on Shoesole Lake with evening views of sunsets that rival the best in the world! Nature Lovers dream of places like this. Hiking in any direction from your front door may surprise you with an animal encounter that will delight you. Birds abound! Eagles, osprey, owls, turkey, sandhill cranes and blue herons. Critters abound! Deer, Bear, Foxes, Bobcats, Racoons top the list of many more animals to be seen and enjoyed. Swim and fish Shoesole Lake, no water skiing though, the Forestry Service limits boats to under 10HP!
About US Forest Service Recreational Residence Leases -- Full time residency is NOT allowed. Renting the property is NOT allowed. Buyer is responsible for annual property taxes, the annual Forestry lease fee and a one time transfer fee. The way this works is the cottage, and any personal property is purchased cash and delivered by “Bill of Sale”. The remaining land lease is transferred to the buyer by the US Forestry Service. This land 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 currently $1,753, the annual taxes are currently $zero and there is a 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 transfer process from seller to buyer can take some time. The first order of business is all the funds to close are placed in escrow with the title company and the buyer then makes application with the Forestry Service to transfer the existing special use permit. The Forestry Service inspects the cabin for compliance to the lease terms, and requires corrections, if any, be performed and reinspected before moving forward. The transfer is then approved locally and then sent to Tallahassee to be signed and returned, which can take weeks. The funds are then 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 Other
Heating Other
Cooling Other
Flooring Other
Fireplace false
Appliance Other
Exterior
Exterior Feature Other
Utilities Available Other
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Metal
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well Required
Structure Type Wood Frame
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with HOMERUN REALTY
GET MORE INFORMATION