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16117 NE 5th Place, Silver Springs, FL 34488
$63,000
16117 NE 5th Place, Silver Springs, FL 34488View this property at 16117 NE 5th Place, Silver Springs, FL 34488
16117 NE 5th PlaceSilver SpringsFL34488
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Property Description
Attention all investors - great opportunity to add to your portfolio. Very private setting, close to the Ocala National Forest. Either flip and sale or keep for rentals. There are two buildings on the property, both need to be completely renovated. The main house has 3 bedrooms, 1 bathroom, kitchen, living room and family room with fireplace. Condition of the fireplace is not known. The second building was used as a studio apartment. It consists of kitchen, living room/bedroom and bathroom. There is no heat source, no air conditioning and the condition of the well and septic is unknown. There are soft spots on the floor in the main building so be extremely careful if entering the building. The property is on an unimproved dirt road, it may not be accessible with all vehicles. The sand on the property is very soft, please park on the road to view the property. NOTE: this is a foreclosed property, seller has no first hand knowledge of the property. It is the buyer's responsibility to verify all facts.
Full Property Details
Full Property Details for 16117 NE 5th Pl
General
- Sold For: $63,000
- Taxes: $1,381 (2023)
- Status: Closed
- Type: Single Family
- MLS ID: OM668756
- Added to Site: 169 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fans(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: None
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room
Location
- Area: 34488 - Silver Springs
- County: Marion
- Development Name: 34488 - Silver Springs
- Subdivision: RED WATER CAMP
- Driving Directions: From downtown Ocala, head East on Rt 40 towards Silver Springs. Go about 18 miles, turn left onto Hwy 314A, go .8 miles then turn left onto NE 5th Place. This is unimproved dirt road, not accessible by all vehicles. House is not visible from main highway. Go past red house on corner, go past abandoned boat on left, stay to the left, house is directly in front. It is best to park on the road, sand on the property is very soft.
- Direction Faces: South
Community
- Community Name: 34488 - Silver Springs
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Available
Structural Information
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,250
- Sq. Ft. Source: Public Records
- Living Area: 1,250 Sq. Ft.
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Dimensions: 150 x 100
- Street/Road Desc.: Dirt, Unimproved
- Rcmdd Zoning: R1
Financial Considerations
- Tax Amount: $1,381.11
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: Real Estate Owned
- Legal Description: SEC 14 TWP 15 RGE 24 PLAT BOOK UNR RED WATER CAMPSITES LOT 20 BEING MORE PARTICULARLY DESC AS: FROM THE NE COR OF NW 1/4 OF NW 1/4 OF SEC 14 TH S 88-33-40 W 765.20 FT TH S 440 FT TO THE POB TH CONT S 110 FT TH E 150 FT TH N 110 FT TH W 150 FT TO THE POB SUBJECT TO AN EASEMENT OVER THE S 10 FT THEREOF
- Flood Zone Info: X, A
- Disclosures/Reports: None
- APN: 32307-007-01
- Property ID: 32307-007-01
- Block/Lot/Section: 7
Listed by Local Realty Services Llc
Sold by Exp Realty Llc
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Schools
Schools serving 16117 NE 5th Pl
School District:Marion County School District
Rating | Name | Grades | Distance |
---|---|---|---|
14550 Ne 14th Street Rd, Silver Spgs, FL 34488 | PK-5 | 1.6 mi | |
16160 Ne Highway 315, Fort Mc Coy, FL 32134 | PK-8 | 14.2 mi | |
10351 Se Maricamp Rd, Ocala, FL 34472 | 9-12 | 9.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16117 NE 5th Pl
Date
Details
Price
Change
Source
12/21/2023
Sold
$63,000
-9.87%
MLS
11/30/2023
Listed
$69,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16117 NE 5th Place, Silver Springs, FL 34488 (MLS# OM668756) is a Single Family property that was sold at $63,000 on December 21, 2023. Want to learn more about 16117 NE 5th Place? Do you have questions about finding other Single Family real estate for sale in Silver Springs? You can browse all Silver Springs real estate or contact a Coldwell Banker agent to request more information.