Price Reduction - Foreclosure - Waterfront
Address
405 Stacy Grove ROAD, OAK HILL, FL
Price
$ 2,499,900
Property Attributes
- MLS#T3517740
- TypeLand
- CountyVOLUSIA
- CityOAK HILL
- AreaOak Hill
- NeighborhoodR H Parker Sub-Delespine Grant
- Zip32759
- Style
- Taxes$ 14467
- Price$ 2,499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size133.27 Acres
Data Source:
Stellar MLS
Property Description
FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1, FR, & RC zoning), surrounded by hundreds of acres of vacant mitigation/conservation land (state/county owned and/or managed), accenting the natural beauty and teeming wildlife. Property has incredible potential and has been returned to and currently being used as an active cattle ranch (sale includes cattle). All building and zoning code violations (identified during the foreclosure process) have been corrected. These included building code violations from converting barns and storage buildings into active residential dwellings without required permits. Building 1 (previously an enclosed barn) was converted into a 3/2 single family dwelling, and Building 2 (previously a storage shed) was converted into a 1/1 tiny home. Both have been returned to ag. These storage buildings were previously allowed under ag but we're not permitted under residential use (since ag was lost in 2023). Current owner has submitted agricultural exemption application for tax year 2025. Wetland alterations were performed while not under agricultural use. Roads were filled and culverts installed over existing roads without permits. These were revealed during the foreclosure process. Current owner is actively working with county and state regulatory agencies to mitigate violations and develop an approved mitigation plan. Seller will provide concessions for mitigation work. DIY would give opportunities to save substantially. List price reflects potential mitigation costs. Seller's loss is buyers gain. The mitigation costs are outweighed by the pristine beauty and serenity of this majestic and unique property in East Central FL. Enjoy hunting, fishing from the stocked ponds, or watch rocket launches with friends from your private lakefront oasis. Opportunities are endless! Located in beautiful Oak Hill- near Mosquito Lagoon and Merritt Island Wildlife Refuge. Minutes from the Space Coast, less than an hour from Orlando, less than 30 minutes from Daytona Beach, and less than 30 minutes from Cape Canaveral. Buyer to verify all information. Owner/Seller is a licensed Florida Real Estate Broker.
| Price History | |
|---|---|
| 4/11/2024 | Listed $2,990,000 |
| 4/24/2024 | 17% - $2,499,900 |
General Features
| Sewer | Septic Needed |
|---|---|
| Utilities | Electricity Available,Private,Sprinkler Well,Underground Utilities |
| Zoning | AGR |
| Tax Year | 2023 |
| Current Use | Cattle,Ranch |
| Percent Ownership | Fee Simple |
| Waterfront Features | Pond |
| County | Volusia |
| Property Type | Land |
| Subdivision Name | R H PARKER SUB/DELESPINE GRANT |
| Other Structures | Barn(s) |
| Status | Active |
| Directions | Take I-95,Exit 231 (Scottsmore/Oak Hill) -Deering Parkway East to US HWY1. Take a left on US1 North approximately 1.5 miles to First Left turn lane (Stacy Grove Rd),Take Stacy Grove to the end of the |
| City | OAK HILL |
| Buyer Agent Compensation | 1% |
| MLS Area | 32759 - Oak Hill |
| Lot Size Square Feet | 5662800 |
| Waterfront Y/N | Yes |
| Street Name | Stacy Grove |
| Listing Terms | Cash,Conventional,FHA,Other,Private Financing Available,USDA Loan,VA Loan |
| Tax Annual Amount | 14467 |
| Public Remarks | FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1,FR,& RC zoning),surrounded by hundreds o |
| Days on Market | 13 |
| Standard Status | Active |
| Tax Lot | 11 |
| Legal Description | 43-19-34 LOTS 7 THRU 9 & THAT PORTION OF LOT 11 & ALL OF LOT 13 BEING A PART OF LOT 31 AS SHOWN ON PLAT OF RH PARKER SUB OF DELESPINE GRANT MB 5 PG 73 MB 14 PG 105 PER OR 7598 PG 2990 PER OR 7876 PG |
| Water View | Pond |
| Water Access Type | Pond |
| Water Access Y/N | Yes |
| Water View Y/N | Yes |
Interior Features
| Street Suffix | ROAD |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Barbed Wire,Boundary Fencing,Cross Fenced |
|---|---|
| Lot Features | Buildable,Cleared,Pasture,Rural,Stocked Fishing Ponds,Street Dead-End,Wooded |
| Water Source | Private,Well |
| Lot Size Area | 130 |
| Lot Dimensions | Irregular |
| Lot Size Acres | 133.27 |
| Road Surface Type | Unimproved,Dirt,Limerock,Other |
| Lot Size Units | Acres |
| Road Frontage Type | Street Dead-End,Street Unpaved,County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 32759
Price
Taxes
Visits
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated Last updated on May 11, 2024 8:11 PM UTC The listing information on this page last changed on Last updated on May 11, 2024 8:11 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 8:11 PM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' 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.
