tomo logo

$879,000

Beds
1
Baths
1.0
sq ft
800

5715 SE 109th St, Belleview, FL 34420

5715 SE 109th St

BELLEVIEW, FL 34420

  • 320 days on market
    • Price drop $1,000↓
In the heart of Belleview, FL, an extraordinary opportunity awaits—a chance to own a sprawling 6.19-acre haven that promises both serenity and potential. Imagine a versatile property, graced with two structures: a 40x60 Barndominium built in 2002 and a second unit currently bustling as a hair salon. The Barndominium features a cozy 1/1 unit, inviting with the promise of expansion in multiple directions. Adjacent to it, a full-sized RV garage equipped with all necessary connections and hookups stands ready for your adventures. The second structure, housing the hair salon, consists of its own water heater and two well-appointed rooms, offering additional versatility. Currently zoned R1, this property carries the exciting possibility of rezoning to R2 or R3, as hinted in discussions with the City. Such a change could unlock new avenues for development, broadening the horizons of what you can achieve here. However, if rezoning isn't your focus, picture this as your personal retreat—a vast expanse of land mere moments from the tranquil shores of Lake Lillian. Convenience is at your doorstep, with an array of restaurants, banks, and grocery stores just a stone's throw away. The presence of Advent Health ER across the street and the Belleview Sports Complex down the road further elevates the appeal of this prime location. Whether your vision is to create a dream home or to seize an investment opportunity, this property beckons with promise. The potential to transform the existing pole barn into four individual rentals, alongside the front building currently housing the hair salon, offers astute investors the chance to secure a total of five properties within this expanse. A letter from the City, accessible through the MLS, underscores the property's immense potential, indicating the possibility of constructing 36 dwelling units per tract. With over 6 acres available at such an enticing price, this opportunity is unlikely to linger for long. The choice is yours—embrace the chance to bring your vision to life on this promising Belleview landscape.

Details

Property type

Single Family Residence

Est. home value

$301,175

Lot size

6.19 acres

Price per sq ft

$1,099

Year built

1978

Annual property taxes

$652.04

Price History

09/05/2024
StellarMLS

StellarMLS #O6164861

Listed
$879,000
09/01/2024
StellarMLS

StellarMLS #O6164861

Removed
$879,000
06/06/2024
StellarMLS

StellarMLS #O6164861

Price change
$879,000
-0.11%

Schools & Community

Elementary school: 

Belleview-Santos Elem. School

Middle school: 

Belleview Middle School

High school: 

Belleview High School

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

South State Bank National Association

Loan start date

October 2020

Original loan amount

$116,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Credit Line (Revolving), 10 year

Seller

Nancy H Milliron and Nancy A Chrisman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 9:40 AM

Listing updated: 09/11/2024 at 2:05 PM

Listed by: Benjamin Berry, III, EXP REALTY LLC Phone #: (407) 392-1800

MLS: StellarMLS #O6164861

StellarMLS logo

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