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29710 Debbie Rd Okahumpka, FL 34762

OFF-MARKET Land Google Maps
25.08 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Exceptional opportunity to acquire a 25.08-acre property in Okahumpka, Florida, encompassing three parcels (14 acres, 6 acres, and 5.08 acres). This unique offering combines agricultural and residential uses, featuring a main house, two income-producing manufactured homes, and extensive equestrian amenities. The main residence boasts four bedrooms, 2.5 bathrooms, a newly renovated kitchen (2022) with quartz countertops and stainless-steel appliances, high ceilings, and a private pool. A large garage includes a screened-in Florida room above. Equestrian facilities include a 7-13 stall barn (configuration dependent), a wash rack with hot water, a 72' x 144' riding arena, a 60' round pen with lighting, multiple pastures, and a private pond. The property also includes two tenant-occupied manufactured homes generating substantial rental income: one (27750 Debbie Rd, 1152 sq ft, 3 bed/2 bath) leased at $1,725 per month, and another (27720 Debbie Rd, 1560 sq ft, 3 bed/2 bath) leased at $1,700 per month. Six horses are included in the sale. The property is zoned Ag, allowing one home per five acres, with a future land use designation of "Urban Low Density," permitting up to four units per buildable acre. Development exceeding ten units requires a minimum of 25% of the net buildable area as common open space. Conveniently located two miles from the turnpike and 45 minutes from Ocala's World Equestrian Center. The APN is 16-20-24-0001-000-00200 16-20-24-0001-000-00100 16-20-24-0001-000-02200. Offered at $1,550,000. Fee simple ownership.

Property profile

Verified
Property type Land
Lot 25.08 ac (1,092,485 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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