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14688 SE 47TH LOOP

House Recently Sold
$83,000

BTC: 1.31746032

ETH: 47.53722795

Sold on: 2022-11-07
1 days
1 bds
1 ba
735 sqft

Overview

This Lakefront Oasis from that mad world out there is where you, your friends and family will make memories to last lifetimes and generations!! Nestled in the Ocala National Forest located 20 minutes east of Silver Springs, Fl on Tomahawk Lake with morning views of sunrises that rival the best in the world! Nature Lovers dream of places like this. Hiking in any direction from your front door may surprise you with an animal encounter that will delight you. Birds abound! Eagles, osprey, owls, turkey, sandhill cranes and blue herons. Critters abound! Deer, Bear, Foxes, Bobcats, Racoons top the list of many more animals to be seen and enjoyed. Swim and fish Tomahawk Lake, no water skiing though, the Forestry Service limits boats to under 10HP! Enough of one of the most beautiful and desirable locations in Central Florida, let’s get to the Cabin! Check out the photos, cute cute cute! Its little, around 800 sq ft with Hardwood and Pecky Cypress everywhere. Windows all around optimizes outdoor views from almost every room in the house. That’s why you came out here, right? Windows, Windows and more Windows. About US Forest Service Leases -- Full time residency is not allowed. Buyer is responsible for annual property taxes and the annual Forestry lease fee. The Taxes and Forest fees for 2022 equaled $1780 total. The way this works is the cottage, and any personal property is purchased cash and delivered by “Bill of Sale” and the land lease is transferred to the buyer by the US Forestry Service. This land is under the Federal Recreation Residence program and leased under a special use permit. See docs attached for US Forestry service rules and Regulations. Annual lease fee is currently $1,753 and there is a transfer fee (one time)- $1,302. Basically, the structures on the land are owned by the seller, but the land itself is leased to the seller by the US Forestry Service. This transfer process can take some time. The first order of business is all the funds to close are placed in escrow with the title company and the buyer then makes application with the Forestry Service to transfer the special use permit. The Forestry Service inspects the cabin for compliance to the lease terms, and requires corrections, if any, be performed and reinspected before moving forward. The transfer is then approved locally and then sent to Tallahassee to be signed and returned, which can take weeks. The funds are then disbursed and keys delivered to buyer when the permit comes back.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1967
Lot:
0.80 Acres
Heating:
Other
Price/sqft:
$113
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$107,400
$77K – $165K
Confidence Low
List vs. estimate
$24K below estimate
List $83,000 · -22.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$112
-39.3% vs. city median $186
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Other

    Cooling

    • Other

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.80 Acres

    Other Property Information

    • Parcel Number: 3952000115

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Source details

    • MLS ID: OM644099

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Direction Faces: West

    • Living Area: 735

    • Water Source: Well

    • Lot Size Dimensions: 175 x 200

    • Subdivision Name: GOVT LEASE LT TOMAHAWK LAKE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: FONTANA REALTY EAST OCALA