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Property Description

Attention all investors – great opportunity to add to your portfolio. Very private setting, close to the Ocala National Forest. Either flip and sale or keep for rentals. There are two buildings on the property, both need to be completely renovated. The main house has 3 bedrooms, 1 bathroom, kitchen, living room and family room with fireplace. Condition of the fireplace is not known. The second building was used as a studio apartment. It consists of kitchen, living room/bedroom and bathroom. There is no heat source, no air conditioning and the condition of the well and septic is unknown. There are soft spots on the floor in the main building so be extremely careful if entering the building. The property is on an unimproved dirt road, it may not be accessible with all vehicles. The sand on the property is very soft, please park on the road to view the property. NOTE: this is a foreclosed property, seller has no first hand knowledge of the property. It is the buyer’s responsibility to verify all facts.

Features
Other
Garden
Wood Burning
Other
Ceiling Fans(s)
Laundry Room
Shingle
Septic Tank
Electricity Available
Address Map
FL
Marion
SILVER SPRINGS
34488
16117 NE 5TH PLACE
0
W82° 6' 50.6''
N29° 11' 33.4''
South
From downtown Ocala, head East on Rt 40 towards Silver Springs. Go about 18 miles, turn left onto Hwy 314A, go .8 miles then turn left onto NE 5th Place. This is unimproved dirt road, not accessible by all vehicles. House is not visible from main highway. Go past red house on corner, go past abandoned boat on left, stay to the left, house is directly in front. It is best to park on the road, sand on the property is very soft.
RED WATER CAMP
Additional Info
LOCAL REALTY SERVICES LLC
Nancy Minch
Vinyl Siding
6
Pillar/post/pier
One
271516863
271515806
Cash
1
Fixer
1
Real Estate Owned
1
$1,381
2023
Well
R1
11/30/2023 16:56:12
271515696
12/21/2023
$63,000

16117 NE 5TH PLACE, SILVER SPRINGS, Florida 34488

16117 NE 5TH PLACE, SILVER SPRINGS, Florida 34488

3 Bedrooms
1 Bathrooms
1,250 Sqft
$69,900
Listing ID #OM668756
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : OM668756
Price : $69,900
Bedrooms : 3
Rooms : 3
Bathrooms : 1
Square Footage : 1,250 Sqft
Year Built : 1973
Lot Area : 15,246 Sqft
Standard Status : Closed
Bathrooms Total : 1
Building Area : 1,250 Sqft
MLS Status : Sold
Property Type : Single Family Residence
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