NOT LISTED FOR SALE

8545 E Highway 25 Belleview, FL 34420

Estimated Value: $153,000 - $1,302,000

69.54 Acres
$10,462 Price per Acre
3,029,162 Sq Ft Lot

Last Sold April 01, 2022

Last sale price $2,450,000

Current estimated payment $4,601/month

134 Days on Market

Highlights

  • 69.54 Acre Lot
  • Partially Fenced Property
  • Heating Available
  • Property is near a golf course

About This Lot

As of April 2022

If you are an investor who is looking for the HOTTEST real estate property, then this is for you. Almost 70 acres of picturesque property, that is unique, intriguing and one of a kind. This property offers a blank canvas like no other. Already permitted so all you need to do is hit the green light! This property is minutes from anything and everything RV folks are looking for. To the south, you have the fastest growing retirement community ( The Villages ) with over 650 holes of golf to access. To the north you find the beautiful spring fed Lake Weir which is a fisherman's and watersports man's dream. To the east you travel directly through the Ocala National Forest and all the many things it has to offer on your way to the Atlantic Ocean which is less than 90 minutes away. Finally, heading west you will find the Gulf of Mexico less than 50 miles away. So really this property is centrally located to all that central Florida has to offer. Oh, I did forget that Disney World, Sea World, Universal Studios and all Orlando has is less than 90 minutes away as well. With zoning approval for a 360 unit RV resort the 70 acres gives you the ability to create your dream resort, PickleBall, Tennis, Concert / Dance / Social Pavilion and many other options. With zoning complete for commercial use all roadblocks have been removed. Also,the owner has invested over $400,000 in paving the main entrance and required turn lanes for ingress and egress. Call and make an appointment today to see this one of a kind property!!! The owner is motivated and the property is pristine!!!

Last Agent to Sell the Property

Rich Denicola

BROKER ASSOCIATES REALTY License #3465012 Listed on: 12/18/2020

Co-Listed By

Henry Allcott

BROKER ASSOCIATES REALTY License #3326605

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,871

Lot Details

  • 69.54 Acre Lot
  • Property fronts a private road
  • Property fronts a highway
  • Partially Fenced Property
  • Cleared Lot
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned PUD

Location

  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 39279-026-00

Property Details

Property Type

Land

Est. Annual Taxes

$7,871

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 69.54
  • Lot Size Sq Ft: 1722362
  • Number Of Lots: 3
  • Directions to Property: From Hwy 441 go East on SE 110th St for a half a mile, 110th turns into East Hwy 25, Property is approximately 3 miles on the left.
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 50 to less than 100
  • Ratio: Close Price\List Price: 0.84483
  • Price per Sq Ft: 1.42
  • Close to Original List Price Ratio: 0.84483
  • View: No
  • Co List Office Mls Id: 20636
  • Co List Office Phone: 352-753-2029
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 8545

Exterior Features

  • Road Frontage Type: County Road, Highway, Private Road, Turn Lanes
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 70
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: PUD
  • Parcel Number: 39279-026-00
  • Additional Parcels Description: 39279-028-00, 39279-026-00, 39279-000-01
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Fencing: Partial
  • Lot Features: Buildable, Cleared, In County, Near Golf Course
  • Lot Dimensions: 0
  • Price Per Acre: 35232
  • Flood Zone Code: x

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7870.97
  • Tax Block: 00
  • Tax Book Number: 4916/22
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 1, 2022
Sold by
Shs Properties Llc
Bought by
Atlas Land Partners Llc
Seller's Agent
Rich Denicola
BROKER ASSOCIATES REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$2,900,000
Sold Price
$2,450,000
Premium/Discount to List
-$450,000
-15.52%
Current Estimated Value
$727,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,722,500
Avg. Annual Appreciation
-29.38%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Long Lonnie D and Long Melissa M
Bought by
C & K Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Worley Margie and Parrish Margie
Bought by
Long Lonnie D and Long Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atlas Land Partners Llc $2,450,000 None Listed On Document
C & K Investments Inc $685,000 --
Long Lonnie D $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C & K Investments Inc $548,000
Previous Owner Long Lonnie D $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $2,450,000 -15.5% --
04/30/2021 04/30/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $2,900,000 0.0% --
01/06/2021 01/06/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $2,900,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,133 $1,316,910 -- --
2023 $24,133 $1,197,191 $1,015,384 $181,807
2022 $12,970 $451,381 $0 $0
2021 $7,821 $410,346 $230,305 $180,041
2020 $7,917 $413,052 $230,305 $182,747
2019 $7,871 $405,869 $230,305 $175,564
2018 $7,544 $399,600 $230,305 $169,295
2017 $7,070 $368,939 $198,416 $170,523
2016 $7,000 $364,018 $0 $0
2015 $6,744 $343,730 $0 $0
2014 $6,523 $343,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rich Denicola

    Seller's Agent in 2022

    Rich Denicola

    BROKER ASSOCIATES REALTY

    (352) 812-9590

    3 in this area

    56 Total Sales

    Rich Denicola
    Section Image
  • Henry Allcott

    Seller Co-Listing Agent in 2022

    Henry Allcott

    BROKER ASSOCIATES REALTY

    (352) 216-0746

    2 in this area

    24 Total Sales

    Henry Allcott
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM612975

Stellar MLS

APN: 39279-026-00

Florida Marion County Belleview 34420

8545 E Highway 25, Belleview, FL

This home is located at 8545 E Highway 25, Belleview, FL 34420 since 18 December 2020 and is currently estimated at $727,500. 8545 E Highway 25 is a home located in Marion County with nearby schools including Emerald Shores Elementary School, Lake Weir Middle School, and Lake Weir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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