$65,000
For Sale

MAGNOLIA DRIVE

Lake City, FL 32024
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Discover the Beauty of Suwannee County, Florida
Nestled in the heart of Suwannee County, Florida, this region is known for its rich natural beauty, serene rural charm, and strong sense of community. Suwannee County offers a peaceful lifestyle perfect for outdoor enthusiasts, with abundant opportunities for fishing, canoeing, and exploring stunning state parks. The area is characterized by its agricultural activities, making it suitable for various crops and livestock operations.
CALLING ALL INVESTORS, BUILDERS, OR DEVELOPERS IN SUWANNEE COUNTY!
Property Overview
This prime piece of real estate presents a unique opportunity for savvy investors or those looking to build their dream home. Located at 0 Magnolia Dr, Lake City, FL 32024, the property encompasses approximately 5 acres (subject to survey) of gently rolling terrain, featuring a mix of open fields and mature hardwoods. The well-draining sandy loam soil is ideal for various agricultural uses and landscaping. With AG (Agricultural) zoning, this property offers the flexibility to develop your vision while allowing for agricultural activities such as crop cultivation, forestry, and apiculture, subject to specific setbacks for structures housing domestic animals based on their numbers.
Property Features:
Folio Number: 17-05S-15E-01066-020900
Lot Size: 5 Acres
2023 Taxes: $423.00
Highest and Best Use: Agriculture/Residential Development
Zoning: AG (Agricultural)
No HOA or Deed Restrictions
Flood Zone: X (minimal flood risk)
Allowable Land Uses and Potential Uses
This property offers a variety of allowable land uses, including the processing and sale of on-site agricultural products, single-family dwellings, mobile homes, plant nurseries, community residential homes, and temporary housing for migrant farm workers under specified conditions. Additional permissible uses include churches, cemeteries, and schools.
The property also presents exciting potential for development, allowing you to build your custom dream home in a tranquil country setting, develop a small hobby farm or equestrian property, or create a private retreat with ample space for outdoor recreation.
Nearby Attractions and Activities
Just minutes from the historic Suwannee River, this property offers easy access to local state parks and a variety of recreational opportunities:
Natural Springs and Parks:
Ichetucknee Springs State Park: Crystal-clear waters perfect for tubing, kayaking, and swimming.
Lafayette Blue Springs State Park: Offers lovely cabins and swimming opportunities in a tranquil woodland setting.
Poe Springs Park: Affordable option with a beautiful spring for swimming and a nature walk boardwalk.
Outdoor Activities:
Hiking: Enjoy nature trails in nearby state parks, including Mill Creek Preserve in Alachua.
Camping: Rustic Oaks RV Park in O'Brien offers a relaxing stay under beautiful oak trees.
Boating and Fishing: The Suwannee River provides excellent opportunities for these activities, with a convenient boat ramp available in Branford.
Events and Entertainment:
Suwannee River Jam: A music festival in Live Oak featuring indoor and outdoor stages, camping facilities, and various eateries.
Spirit of the Suwannee Music Park: A venue hosting various events and recreational activities.
Adventure Activities:

  • Property Details
      • Acres5
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationSeptic Needed
      • Utility SourceWell Required
      • Utility FeaturesOther
  • Community and Neighborhood Details
      • CountySuwannee
  • Financial Details
      • Original List Price$65,000
      • Taxes Annual$423
      • Days on Market (Cumulative)118
  • Other
      • MLS #T3536989

Location

William Barnes | BrokerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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