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2420 NE 48 COURT

Lots/Land Recently Sold
$1,000,000

BTC: 15.62500000

ETH: 572.73768614

Sold on: 2024-12-31
26 days
0 room(s)

Overview

Rare opportunity for a developer, an owner/ user or an investor. Located within the city of Ocala, this 15.46 acres (3 parcels combine) includes a 3/2 home with inground swimming pool is less than a mile from Silver Springs Park off Hwy 40 across the street from Wal Mart supercenter. All three parcels are zoned R3, perfect for multifamily dwellings, can create a small subdivision. Three parcels combine together are able to build more than 50 single family homes. Two of the three parcels are cleared of trees. Owner has an unfinished project to develop a subdivision due to family matter. Home has been vacant for period of time, it needs renovation.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
8.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$209,950
$101K – $1.5M
Confidence Low
List vs. estimate
$1.0M above estimate
List $1,230,000 · +485.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,368
2023
All facts and features
  • Lot

    • Lot: 8.00 Acres

    Other Property Information

    • Parcel Number: 2419900000

    • Zoning: R3

  • Type and style

    • Property Type: Land

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $1,368

  • Source details

    • MLS ID: OM676453

    Other facts

    • Water Source: Public

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LEGACY REALTY & ASSOCIATES