1224 Highway 346 Old Town, FL 32680
- Commercial real estate
- 122.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1224 Highway 346
- Lot size
- 122.31 lot acres
- Property type
- Commercial real estate
Description
This exceptional 122.31-acre property in Old Town, Florida, presents a unique investment opportunity. Situated on the Suwannee River, the land boasts over 2,300 feet of river frontage. A significant portion of the property, approximately 46 acres, is already developed as an 87-pad RV campground complete with essential amenities. These amenities include a swimming pool, clubhouse, general store, events barn, and a substantial 1,500-foot boardwalk and river deck. The remaining acreage is comprised of 75 acres zoned for vacant residential use and 7 acres of hardwood. The four-parcel site offers diverse development potential. The asking price of $3,600,000 translates to approximately $29,433 per acre, a competitive price point considering comparable vacant land sales in the area lack both waterfront access and existing improvements. The property is located at 1224 SE Hwy 346, Old Town, FL 32680, within Dixie County. The zoning designation is VAC RES. This property is ideal for investors seeking a blend of established income generation and future development possibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Old Town
- County
- Dixie
- State
- Florida
- Longitude
- -82.968128405497
- Latitude
- 29.561635782816
