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    OFF-MARKET
    Land

    0 Boatright Wl Rd, Otter Creek, FL 32683

    120.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 120.2-acre property in Otter Creek, Florida, presents a unique investment opportunity. Zoned for Forestry/Rural Residential use, it boasts approximately 90 acres of merchantable 2009 loblolly pine, offering immediate income potential. The remaining acreage provides ample space for recreational activities, including hunting. Located on Boatright Well Road, this secluded yet conveniently located tract is less than an hour from Gainesville and Ocala, and under 30 minutes from Cedar Key, the Gulf of Mexico, Chiefland, and the Suwannee River. The property's APN is 02052-000-00. The asking price is $485,000, translating to $4,035 per acre. This land offers a blend of investment potential and recreational enjoyment, making it an ideal retreat in the heart of Florida's Nature Coast. The property is suitable for building a hunting cabin, creating a private sanctuary, and enjoying the natural beauty of the surrounding area. This is a rare opportunity to own a substantial tract of land with diverse uses and excellent access to major cities and natural attractions.

    Property profile
    Verified
    Property type Land
    Lot 120.2 ac (5,235,912 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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