18585 Highway 441 Micanopy, FL 32681
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Prime 6.25-acre development opportunity. High-visibility location.
Property size:
9,935 SFProperty Features for 18585 Highway 441
General Information
- Property type
- Multifamily properties
- Square Feet
- 9,935 SF
- Lot Size
- 272,250 SF
Building Details
- Year Built
- 1957
- Buildings
- 16
- Stories
- 1
- Units
- 8
Listing Agent: John Roberts
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 6.25-acre property, located at 18585 N Highway 441 in Orange Lake, Florida (zip code 32681), presents a unique investment opportunity. The site boasts a prominent location on Highway 441, ensuring high visibility and easy accessibility. The property includes a former motel, now closed, comprising seven separate structures: five duplexes and two single-unit buildings, totaling 8 units. These structures sit on a significant portion of the land, offering substantial redevelopment potential. Adding to the versatility, a commercial space situated on the northwest corner of the property is currently under lease, generating existing income. The entire property encompasses 9,935 square feet and is zoned B-2 Community Business, allowing for a range of commercial and mixed-use development possibilities. Built in 1957, the property consists of sixteen buildings, all single-story structures. The Marion County APN is 03027-000-00. The asking price is $650,000, translating to $65.43 per square foot. This property offers a compelling blend of existing income and significant future development potential, making it an attractive investment in a high-traffic location.
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Location Insight
- Map
- Local Demand
- City
- Micanopy
- County
- Marion
- State
- Florida
- Longitude
- -82.2182569
- Latitude
- 29.4290496
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FAQs
What type of property is this?
Multifamily property - Prime 6.25-acre development opportunity. High-visibility location.
Where is this multifamily property located?
The property is located at 18585 Highway 441 Micanopy, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6.25-acre property at 18585 N Highway 441, Orange Lake, FL 32681.; High-visibility location on Highway 441.; 8-unit former motel (five duplexes, two single-unit buildings) with redevelopment potential.