$300,000
$150K PRICE DROP

Estimated payment $1,664/month

Total Views 5,410
5.02 Acres
$59,761 Price per Acre
218,671 Sq Ft Lot

Highlights

  • 5.02 Acre Lot
  • No HOA
  • Oversized Lot
  • Lake Panasoffkee Elementary School Rated 9+

About This Lot

Do we have your attention now??? 5 acres in the path of major changes. Right now the future land use for this parcel is agricultural, however... that is actively in the process of changing as we speak. Of course we cannot say for certain but we have a very strong opinion that this corridor of state road 471, especially the west side, will most likely not be farms and ranches one day. There’s no crystal ball but chances are this area will look very different in the not so distant future. Currently zoned rural residential 1 home per parcel. Sitting in the unincorporated portion of the City of Bushnell Joint Planning Area. There is an older DWMH on site. Electric. Well. Septic. And impact fees, all benefit the new owner. A buyer is encouraged to check the condition and soundness of those utilities. The seller makes no guarantees or claims about the working order of the infrastructure or the home. You could fix-up the home and enjoy it for a few years until development knocks on your front door. We have 5 acres with 350 feet of frontage. Location and dirt is what’s for sale. Have a front row seat for whatever SR 471 will bring you. Minutes from the soon to come Eastport Town Square. 250 acres of golf, trials, parks, shopping and dining all connected through trails and pathways surrounding Central Lake. And just minutes from The Village of Middleton, a non age restricted community . Easy commute to I75 and even easier to The Florida Turnpike. If being “close” to what’s to come is top of your list, we got you covered.

Listing Agent

Connie Mahan

CONNIE MAHAN REAL ESTATE GROUP Brokerage Phone: 352-569-0233 License #3012742 Listed on: 03/12/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $790

Lot Details

  • 5.02 Acre Lot
  • Lot Dimensions are 350x600
  • Property fronts a state road
  • Unincorporated Location
  • Oversized Lot
  • Property is zoned RR1

Utilities

  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Oakdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number J24B012

Property Details

Property Type

Land

Est. Annual Taxes

$790

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5.02
  • Lot Size Sq Ft: 217800
  • Directions to Property: From Beville’s Corner - N on SR 471 - Prop on LF as you enter Sumterville. Across from SE 20th Lane.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1039796
  • RATIO Current Price By Calculate: 1.38
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Attribution Contact: 352-569-0233
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1936

Exterior Features

  • Road Frontage Type: State Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 59761

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RR1
  • Parcel Number: J24B012
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Oversized Lot, Paved, Unincorporated
  • Lot Dimensions: 350x600
  • Flood Zone Code: x
  • Lot Size Square Meters: 20234
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 790.45
  • Tax Block: na
  • Tax Book Number: 4-52-52A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $300,000 -14.3% --
05/09/2025 05/09/25 Price Changed $350,000 -22.2% --
03/12/2025 03/12/25 For Sale $450,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: G5094173

Stellar MLS