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    5600 5Th St Silver Springs, FL 34488

    For Sale
    $2,600,000

    Luxury cabins, 25 acres, resort amenities

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 25-acre Ocala estate presents a unique investment opportunity. Six charming cabins, five built in 2022 and one in 2024, offer a total of 3,000 square feet of living space, priced at $450,000 per unit for a total asking price of $2,600,000 ($900/sq ft). The property boasts resort-style amenities including an above-ground pool, tiki hut, playground, pond, and extensive trails ideal for ATVs, 4-wheelers, or horseback riding. Additional features include a private shooting range, fire pit, outdoor kitchen, two chicken coops, areas for gardening with some irrigation, fruit trees, a private gym, and shipping containers for storage. The property is secured by a gated entrance, electric fence, and barbed wire fencing, with four acres fenced around the cabins and amenities. A seventh homesite is prepped for future expansion. Zoned General Agriculture-A1, this multifamily property offers a blend of seclusion, adventure, and luxury, making it perfect for a private retreat, multi-generational compound, or peaceful getaway. The property is located at 5600 NE 5th Street, Silver Springs, FL 34488, in Marion County.

    Property Features for 5600 5Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,000 SF
    Class
    A
    Lot Size
    1,125,155 SF

    Building Details

    Year Built
    5
    Buildings
    6
    Units
    6
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Clothing Store Auto Repair Shop Kitchen & Bath Electronics Store Electrical Service Travel Agency Plumbing Service Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Marion
    State
    Florida
    Longitude
    -81.856812
    Latitude
    29.245905

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    FAQs

    What type of property is this?
    Multifamily property - Luxury cabins, 25 acres, resort amenities
    Where is this multifamily property located?
    The property is located at 5600 5Th St Silver Springs, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    (407) 977-7600
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    5600 5Th St Silver Springs, FL 34488
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5600 5Th St Silver Springs, FL 34488
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