$192,000
Active · 397 days on market · MLS# MFRO6283847
| Lot size | 5 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $7 |
| County | Sumter |
Everyone knows the real estate mantra: location, location, location. This property stands out precisely because of its location, surrounded by rural residential land where mobile homes are restricted, but traditional homes and barndominiums are welcomed. What makes this property truly intriguing is its long-term potential. While it currently supports residential uses, long-term, the highest and best use is likely commercial, which typically carries a higher land value and investment upside. This property presents a unique opportunity for the self-employed professional who wants to operate a business from home. Whether you have equipment, vehicles, or require a workshop, this land offers the flexibility needed to accommodate those needs. Additionally, if you embrace the barndominium lifestyle—enjoying chickens, horses, and gardening—you could find this property to be a perfect fit. The barndominium structure can also be converted to a commercial building in the future, enhancing its versatility. The property must be annexed into the City of Bushnell to obtain building permits. Prospective buyers should carefully review the Land Development Regulations to understand commercial use requirements. The seller is acceptable to a 120-day due diligence period, allowing buyers to thoroughly explore their options and investment potential. This property is a strategic investment with possibility of future commercial value. Whether you seek a unique home-business blend or a forward-looking commercial investment, this opportunity could be your golden egg waiting to hatch.
Listing courtesy of Levi Salmans, XCELLENCE REALTY INC.. Presented by MC Homes Realty Inc · 727432218.