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11851 SE 138TH TERRACE

Lots/Land For Sale
$119,000

BTC: 1.51303242

ETH: 47.02627939

10 days
0 room(s)

Overview

3.41-acre R-1 residential investment and development opportunity consisting of three original platted lots – Lots 10, 11 and 14 of Lake Weir Washington Park. Marion County Planning & Zoning has confirmed the property may be separated back into its three original parcels, creating multiple potential development and exit strategies. County staff also confirmed potential for a primary residence on each properly separated parcel, subject to applicable permitting and development requirements. Keep the full 3.41 acres, separate one lot while retaining two together, or explore restoring all three original parcels. Buyer to independently verify intended use, utilities, septic/well requirements and development feasibility with the appropriate agencies.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$97,500
$62K – $124K
Confidence Low
List vs. estimate
$21K above estimate
List $119,000 · +22.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$878
2025
View
Trees/Woods
All facts and features
  • Lot

    • Lot: 3.41 Acres

    Other Property Information

    • Parcel Number: 4002002010

    • Zoning: R1

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $878

  • Source details

    • MLS ID: A4704840

    Other facts

    • Direction Faces: West

    • Water Source: Well Required

    • Lot Size Dimensions: 684 x 217

    • Subdivision Name: LAKE WEIR WASHINGTON PARK SEC

Private inquiry
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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: STARLINK REALTY