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Key Details
Sold Price $1,700,000
Property Type Single Family Home
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $274
Subdivision Agr Nonsub
MLS Listing ID OM633366
Sold Date 04/11/22
Bedrooms 6
Full Baths 7
Construction Status Financing
HOA Y/N No
Year Built 1986
Annual Tax Amount $5,752
Lot Size 7.420 Acres
Acres 7.42
Lot Dimensions 263x1227
Property Description
WHY RENT?! When you can own your own INCOME PRODUCING PROPERTY! Don't let this opportunity pass you by! Perfectly located adjoining HITS, World Equestrian Center & all things equine related! Including 5 furnished Residential Cottages, 3 Barns with 21 Stalls, 4 RV Hook-ups, 9 Turn-out Paddocks, 2 Tack Rooms, 3 Wash Stalls, RIDING ARENA WITH OBSERVATION DECK, Fenced in Dog Runs and 2 Gated Entries!! This equine compound is a money maker and spacious enough for the whole crew! Each stall is about 12x12, fully matted, with double Dutch doors, built-in fans, and a waterer. Price ($250 per week per stall) includes turnout (with automatic waterer and electric fencing) in 9 paddocks and use of riding arena with observation deck. Projected income is generated solely on in-season (3-months) income and is based off of the average income from 2014-2020. Additional off-season income is earned with short term rentals via airbnb, other referrals & through hosting events. 12-15% cap rate potential. So many possibilities here! OWNER FINANCING TERMS AVAILABLE. ASK AGENT FOR DETAILS. Make your appointment today, this wont last.
Location
State FL
County Marion
Community Agr Nonsub
Zoning R3
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Thermostat, Walk-In Closet(s)
Heating Electric
Cooling Central Air
Flooring Carpet, Tile, Wood
Fireplace false
Appliance Dishwasher, Microwave, Other, Range, Refrigerator
Exterior
Exterior Feature Balcony, Dog Run, Lighting, Rain Gutters, Sidewalk
Utilities Available Electricity Connected, Other
Roof Type Metal, Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Septic Tank
Water Well
Structure Type Other, Stone, Stucco
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other, Private Financing Available
Listing Terms Cash, Conventional, Other, Private Financing Available
Special Listing Condition None
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Bought with ALL FLORIDA HOMES REALTY LLC
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