• 405 Stacy Grove Road OAK HILL, FL 32759

  • $2,499,900
  • 5,662,800
    Sq Ft
  • 133.27
    Acres
  • Listed By: HOMECOIN.COM
  • Source: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

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.

Property Type :

Land

County :

Volusia

Style :

Land

Property Details

 

Water Source

Water front: 1

WaterSource: Private, Well

Lot Information

Lot Dimensions: Irregular

Lot Description: Buildable, Cleared, Pasture, Rural, Stocked Fishing Ponds, Street Dead-End, Unpaved, Wooded

Lot Square Feet: 5662800

Lot Acres: 133.27

Lot Size (SqMt): 526091

Property Information

Property Type: Land

Listing Price Information

Original List Price: $2990000

Tax Information

Tax Block: 0072

Tax Book Number: 5-73

Tax Lot: 11

Tax Legal Description: 43-19-34 LOTS 7 THRU 9 & THAT PORTION OF LOT 11 & ALL OF LOT 13 BEING A PART OF LOT 31 AS SHOWN ON PLAT OF RH PARKER SUB OF DELESPINE GRANT MB 5 PG 73 MB 14 PG 105 PER OR 7598 PG 2990 PER OR 7876 PG 3644 PER OR 8343 PG 2085

Annual Tax: $14467

Tax Year: 2023

Parcel Number: 944304000072

Utility Information

Electricity Available, Private, Sprinkler Well, Underground Utilities

Sewer: Septic Needed

Water Source: Private, Well

Location Information

Subdivision: R H PARKER SUB/DELESPINE GRANT

City: OAK HILL

Direction: 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

Homes around $2,499,900

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
No Street (lot 36), Oak Hill, FL,32759 $58,000 -- -- 108,900 2.5 Acres
No Street (lot 36), Oak Hill, FL,32759 $58,000 -- -- 108,900 2.5 Acres
Flamingo Road, Oak Hill, FL,32759 $22,990 -- -- 9,150 0.21 Acre
416 Halifax Avenue, Oak Hill, FL,32759 $850,000 -- -- 59,846 1.37 Acres
699 S Us Highway 1, Oak Hill, FL,32759 $295,000 -- -- 409,028 9.39 Acres
No Street (lot 9), Oak Hill, FL,32759 $24,900 -- -- 108,900 2.5 Acres
No Street #LOT 9, Oak Hill, FL,32759 $24,900 -- -- 108,900 2.5 Acres
NO No Street, Oak Hill, FL,32759 $22,500 -- -- 54,450 1.25 Acres
NO No Street, Oak Hill, FL,32759 $45,000 -- -- 108,900 2.5 Acres
NO No Street, Oak Hill, FL,32759 $45,000 -- -- 108,900 2.5 Acres

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Based on information submitted to the MLS GRID as of 04/29/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/29/2024 @ 18:20

MLS: MFRMLS #T3517740
LISTED BY: Jonathan Minerick, HOMECOIN.COM
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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