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405 Stacy Grove Road

Oak Hill, FL 32759
  • $2,499,900
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: T3517740
UPDATED: 115 min ago
$2,499,900
  • 0
    BEDS
  • 133.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-23T13:46:41.123.
www.floridaliferealestate.com/homes/149275255
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405 Stacy Grove Road Oak Hill, FL 32759

  • Price: $2,499,900
  • Status: Active
  • On Site: 65 Days
  • Updated: 115 min ago
  • MLS #: T3517740
0
Beds
0
Baths
0
½ Baths
133.27
Acres
Neighborhood:
R H Parker Sub/Delespine Grant
County:
Volusia
Area:
Oak Hill
Property 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.
Exterior Features

Current Adjacent Use ResidentialVacant Fencing Barbed WireBoundary FencingCross Fenced Lot Features BuildableClearedPastureRuralStocked Fishing PondsStreet Dead-EndWooded Lot Size Dimensions Irregular Other Structures Barn(s) Road Frontage Type Street Dead-EndStreet UnpavedCounty Road Road Surface Type UnimprovedDirtLimerockOther Water Access Pond Water Access Yn Yes Water Extras Yn No Water View Pond Water View Yn Yes Waterfront Features Pond Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Sewer Septic Needed Water Source PrivateWell

Property Features

Current Use CattleRanch Flood Zone Code X For Lease Yn No Listing Terms CashConventionalFHAOtherPrivate Financing AvailableUSDA LoanVA Loan Number Of Septics 0 Number Of Wells 2 Ownership Fee Simple Realtor Info As-IsIn-ForeclosureMtge - Owner Will HoldNo SignOwner MotivatedOwner Will Consider financing Special Listing Conditions None Tax Annual Amount 14467 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity AvailablePrivateSprinkler WellUnderground Utilities Zoning AGR


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of HOMECOIN.COM: 888-400-2513.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-23T13:46:41.123.
 
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