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405 Stacy Grove Road,  Oak Hill FL, 32759

(Active)
$2,499,900
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MLS# T3517740
Last Updated: 5/4/2024 5:04 PM
Description for 405 Stacy Grove Road Oak Hill, FL 32759
FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1, FR, & RC zoning), surrounded by hundreds of acres of vacant mitigation/conservation land (state/county owned and/or managed), accenting the natural beauty and teeming wildlife. Property has incredible potential and has been returned to and currently being used as an active cattle ranch (sale includes cattle). All building and zoning code violations (identified during the foreclosure process) have been corrected. These included building code violations from converting barns and storage buildings into active residential dwellings without required permits. Building 1 (previously an enclosed barn) was converted into a 3/2 single family dwelling, and Building 2 (previously a storage shed) was converted into a 1/1 tiny home. Both have been returned to ag. These storage buildings were previously allowed under ag but we're not permitted under residential use (since ag was lost in 2023). Current owner has submitted agricultural exemption application for tax year 2025. Wetland alterations were performed while not under agricultural use. Roads were filled and culverts installed over existing roads without permits. These were revealed during the foreclosure process. Current owner is actively working with county and state regulatory agencies to mitigate violations and develop an approved mitigation plan. Seller will provide concessions for mitigation work. DIY would give opportunities to save substantially. List price reflects potential mitigation costs. Seller's loss is buyers gain. The mitigation costs are outweighed by the pristine beauty and serenity of this majestic and unique property in East Central FL. Enjoy hunting, fishing from the stocked ponds, or watch rocket launches with friends from your private lakefront oasis. Opportunities are endless! Located in beautiful Oak Hill- near Mosquito Lagoon and Merritt Island Wildlife Refuge. Minutes from the Space Coast, less than an hour from Orlando, less than 30 minutes from Daytona Beach, and less than 30 minutes from Cape Canaveral. Buyer to verify all information. Owner/Seller is a licensed Florida Real Estate Broker.
Price
$2,499,900
R H PARKER SUB/DELESPINE GRANT
Volusia
T3517740
Active
Description
FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1, FR, & RC zoning), surrounded by hundreds of acres of vacant mitigation/conservation land (state/county owned and/or managed), accenting the natural beauty and teeming wildlife. Property has incredible potential and has been returned to and currently being used as an active cattle ranch (sale includes cattle). All building and zoning code violations (identified during the foreclosure process) have been corrected. These included building code violations from converting barns and storage buildings into active residential dwellings without required permits. Building 1 (previously an enclosed barn) was converted into a 3/2 single family dwelling, and Building 2 (previously a storage shed) was converted into a 1/1 tiny home. Both have been returned to ag. These storage buildings were previously allowed under ag but we're not permitted under residential use (since ag was lost in 2023). Current owner has submitted agricultural exemption application for tax year 2025. Wetland alterations were performed while not under agricultural use. Roads were filled and culverts installed over existing roads without permits. These were revealed during the foreclosure process. Current owner is actively working with county and state regulatory agencies to mitigate violations and develop an approved mitigation plan. Seller will provide concessions for mitigation work. DIY would give opportunities to save substantially. List price reflects potential mitigation costs. Seller's loss is buyers gain. The mitigation costs are outweighed by the pristine beauty and serenity of this majestic and unique property in East Central FL. Enjoy hunting, fishing from the stocked ponds, or watch rocket launches with friends from your private lakefront oasis. Opportunities are endless! Located in beautiful Oak Hill- near Mosquito Lagoon and Merritt Island Wildlife Refuge. Minutes from the Space Coast, less than an hour from Orlando, less than 30 minutes from Daytona Beach, and less than 30 minutes from Cape Canaveral. Buyer to verify all information. Owner/Seller is a licensed Florida Real Estate Broker.
Listing Information
Property Type: Land, Other
133.27 Acres
19//
R H PARKER SUB/DELESPINE GRANT
Private, Well
Septic Needed
Electricity Available, Underground Utilities
Ranch
Neighborhood
Room Information
Exterior / Lot Features
Water, Pond
Irregular
Front - 750
AGR
Wooded, Cleared, Pasture, Waterfront
Driving Directions
Take I-95, Exit 231 (Scottsmore/Oak Hill) -Deering Parkway East to US HWY1. Take a left on US1 North approximately 1.5 miles to First Left turn lane (Stacy Grove Rd), Take Stacy Grove to the end of the pavement. Property is on the left. DO NOT ENTER PROPERTY WITHOUT CONSENT/APPOINTMENT
Financial Considerations
944304000072
$14,467
Cash, Conventional, FHA, Private Financing Available, USDA Loan, VA Loan
Listing Price History

Oak Hill Real Estate

Oak Hill is located in Florida. Oak Hill, Florida 32759 has a population of 1,807.

The median household income in Oak Hill, Florida 32759 is $45,964. The median household income for the surrounding county is $52,138 compared to the national median of $66,222. The median age of people living in Oak Hill 32759 is 46 years.

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Courtesy: HOMECOIN.COM, 888-400-2513


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This content last refreshed on 5/4/2024 5:04 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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