Vacant Land Listing

Tate Land Company, LLC
407-537-4344
[email protected]

COUNTY: Marion
STATE: Florida
CITY: Umatilla
PARCEL ID/APN: 5020-009-054
SUBDIVISION: BIG SCRUB CAMPSITES
ACRES: 0.20

Property Description:

This 0.2 acre parcel of land is located in Umatilla, FL in Marion County. As you can see from the photos this is a handyman special. We have discounted the property due to the condition of the property. A little clean up and this property will be worth more than twice it's current sale price.I confirmed with the county zoning and planning department that the property has road access from SE 142nd Place. SE 201st Ct is a platted road north of the parcel that can be privately funded to have multiple access points to the property.R4 Residential Mixed Use zoning allows for mobile home, modular home, site built home. There is access to electricity. You will need to call electric utility company to confirm details. You need to install septic and drill well for water. Property has road access and is not in flood zone or wetlands.Umatilla is 11 miles to Mount Dora where you'll find a charming downtown area with great restaurants and antique shops, 33 minutes to Lake Mary which is the north side of Orlando and a very developed residential and business community, and 40 miles to Ocala. Explore local lakes like Lake Umatilla and Lake Beauclair for fishing and boating. Nearby Ocala National Forest offers extensive trails for hiking, biking, and horseback riding.

STREET ADDRESS:
SE 142nd Pl, Umatilla, FL 32784

GPS COORDINATES:
29°00'55.8"N 81°49'17.1"W

Property Details:

  • Zoning: R4/RESIDENTIAL MIXD USE, allows for mobile home, modular home, site built home.

  • Is the property in an HOA? No

  • Is property in Flood Zone A? NO

  • Is there road access to the land? YES

  • Can I start building home immediately after purchasing land? If you pay cash, yes. If you choose owner financing then you cannot put a structure on the property until the final payment on the loan has been completed. The reason for this is we do not record the deed to buyer/borrower until after all payments are complete.

  • Are RVs allowed for camping? Contact County Zoning & Planning Department. See County contacts link below.

  • Can I have farm animals on the land? Contact County Zoning & Planning Department. See County contacts link below.

  • How is deed conveyed? Warranty Deed

  • Questions on what you can build and do with the land: Contact County Zoning & Planning Department. See County contacts link below.

  • Utilities: Questions regarding water, electric, sewer/septic can be directed to the local utility departments. See link below.

Pricing Options:

  • Cash price: $3,900. Cash sales are final. The 12 month no hassle exchange policy does not apply on cash sales. The inspection period on cash sales is 15 days.

  • LOW RISK OWNER FINANCING OPTION:

  • Doc fee: $300 made via credit card payment (non-refundable cost of our team producing legal documents and contract that need to be signed).

  • Down Payment: $300 made via credit card payment.

  • Inspection period: 30 days (down payment refundable for any reason)

  • Monthly payment: $99 First payment due 30 days after down payment is paid. All payments will be made by automatic ACH payments through your bank.

  • Term: 50 months

  • Interest rate: 0%

  • Total terms price: $5,250

  • Monthly Note Fee: $10

  • Estimated Property Taxes: $8 - Subject to change by County.

  • HOA Fee: None

  • Pre-payment penalty: None. We will provide you with link to make additional principal payments at any time.

12 month no hassle exchange policy - if you are current on payments, you can exchange your property for a new property during first 12 months after down payment is made. We’ll take the equity paid up to that point in time (down payment plus monthly payments) and apply it towards down payment on a new property in our inventory.

Tate Land Company, LLC
407-537-4344
[email protected]

© Copyright 2022. TateLandCo. All rights reserved.