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4959 E HIGHWAY 316 Citra, FL 32113
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Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,104 sqft
Price per Sqft $121
Subdivision Out Of Subdivision
MLS Listing ID OM667960
Sold Date 03/01/24
Bedrooms 5
Full Baths 3
Half Baths 1
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $7,436
Lot Size 41.960 Acres
Acres 41.96
Property Description
THIS IS A TRUE HIDDEN GEM and a diamond in the rough! A 5 bedroom 3.5 bath two story pool home with screened enclosure boasting over 4,000 living square feet. The home is pleasantly situated down a long private drive on 41 acres with an eight (8) stall barn, another large general purpose building that could accommodate more stalls or store farm equipment, round pen and paddocks. This is an opportunity to own a piece of real Florida living with palm trees, large oaks, beautiful wildlife, and ponds. There is so much potential with this home and property at an excellent price. The home needs renovations but the After Renovation Value should be over $950k conservatively. This is an investors fortuity, that may not come around again for a while, to capitalize on Marion county's growth and chance to take advantage of opportunities in the horse and farm arena. Approximately 50% of the property is good for horses, cattle and other livestock. The balance is good ground for cultivating and ponds.
Location
State FL
County Marion
Community Out Of Subdivision
Zoning A1
Interior
Interior Features Ceiling Fans(s)
Heating Electric, Heat Pump
Cooling Central Air
Flooring Carpet, Tile
Fireplace true
Appliance Range, Refrigerator
Exterior
Exterior Feature Other, Storage
Garage Spaces 2.0
Pool In Ground
Utilities Available Private
Waterfront false
Roof Type Metal
Attached Garage true
Garage true
Private Pool Yes
Building
Story 1
Entry Level Two
Foundation Slab
Lot Size Range 20 to less than 50
Sewer Septic Tank
Water Well
Structure Type Block,Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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