4 months on rocket

Magnolia Dr, Lake City, FL, 32024

$65,000

5.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #T3536989
Lot Size5.00 Acres
StatusActive

About Magnolia Dr

Discover the Beauty of Suwannee County, Florida Nestled in the heart of Suwannee County, Florida, this region is known for its rich natural beauty, serene rural charm, and strong sense of community. Suwannee County offers a peaceful lifestyle perfect for outdoor enthusiasts, with abundant opportunities for fishing, canoeing, and exploring stunning state parks. The area is characterized by its agricultural activities, making it suitable for various crops and livestock operations. CALLING ALL INVESTORS, BUILDERS, OR DEVELOPERS IN SUWANNEE COUNTY! Property Overview This prime piece of real estate presents a unique opportunity for savvy investors or those looking to build their dream home. Located at 0 Magnolia Dr, Lake City, FL 32024, the property encompasses approximately 5 acres (subject to survey) of gently rolling terrain, featuring a mix of open fields and mature hardwoods. The well-draining sandy loam soil is ideal for various agricultural uses and landscaping. With AG (Agricultural) zoning, this property offers the flexibility to develop your vision while allowing for agricultural activities such as crop cultivation, forestry, and apiculture, subject to specific setbacks for structures housing domestic animals based on their numbers. Property Features: Folio Number: 17-05S-15E-01066-020900 Lot Size: 5 Acres 2023 Taxes: $423.00 Highest and Best Use: Agriculture/Residential Development Zoning: AG (Agricultural) No HOA or Deed Restrictions Flood Zone: X (minimal flood risk) Allowable Land Uses and Potential Uses This property offers a variety of allowable land uses, including the processing and sale of on-site agricultural products, single-family dwellings, mobile homes, plant nurseries, community residential homes, and temporary housing for migrant farm workers under specified conditions. Additional permissible uses include churches, cemeteries, and schools. The property also presents exciting potential for development, allowing you to build your custom dream home in a tranquil country setting, develop a small hobby farm or equestrian property, or create a private retreat with ample space for outdoor recreation. Nearby Attractions and Activities Just minutes from the historic Suwannee River, this property offers easy access to local state parks and a variety of recreational opportunities: Natural Springs and Parks: Ichetucknee Springs State Park: Crystal-clear waters perfect for tubing, kayaking, and swimming. Lafayette Blue Springs State Park: Offers lovely cabins and swimming opportunities in a tranquil woodland setting. Poe Springs Park: Affordable option with a beautiful spring for swimming and a nature walk boardwalk. Outdoor Activities: Hiking: Enjoy nature trails in nearby state parks, including Mill Creek Preserve in Alachua. Camping: Rustic Oaks RV Park in O'Brien offers a relaxing stay under beautiful oak trees. Boating and Fishing: The Suwannee River provides excellent opportunities for these activities, with a convenient boat ramp available in Branford. Events and Entertainment: Suwannee River Jam: A music festival in Live Oak featuring indoor and outdoor stages, camping facilities, and various eateries. Spirit of the Suwannee Music Park: A venue hosting various events and recreational activities. Adventure Activities:

Property Details

Property Features

Listing Office:

  • Office Name: FLORIDA COMMERCIAL GROUP
  • Office Phone: (813) 935-9600
  • Listing Agent: Tina Marie Eloian

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

School Info

Assigned Schools Information:

  • Richardson Middle School, Public District Grades 6-12
  • Columbia High School, Public District Grades 9-12
  • Melrose Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take I-75 North, exit on county Rd 441 and take west, turn left on county rd 27, turn right on Sandhill Rd, turn left on 224th St, turn right on Magnolia Dr. Property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000
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Housing Market Comparison

See how this home compares to others in Lake City, FL.

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Lake City, FL

City

Med. Sold Price

$288K

Med. Price/SqFt

$174

Avg. Days On Market

24

# of Sold Homes

6

Magnolia Dr vs Lake City

132 DAYS ON ROCKET

+108 Days

$65,000

-$223K Less

KEY TAKEAWAY

This property is $223K less than the Median Sold Price in Lake City, FL.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3536989

Listing Office:

  • Office Name: FLORIDA COMMERCIAL GROUP
  • Office Phone: (813) 935-9600
  • Listing Agent: Tina Marie Eloian

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1925807
3
/10

  • Melrose Park Elementary School

  • 820 SE Putnam St

  • 0.44 miles

  • Public District Grades PK-5

High School

school-card-donut-1925808
4
/10

  • Richardson Middle School

  • 646 SE Pennsylvania St

  • 0.57 miles

  • Public District Grades 6-12

school-card-donut-1925809
3
/10

  • Columbia High School

  • 469 SE Fighting Tiger Dr

  • 2.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,917. Most Lake City, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Magnolia Dr

What is the listing price of this property?

The listing price of Magnolia Dr property is $65,000.

What type of property is this?

The property Magnolia Dr is land located in Lake City, Florida, 32024.

Is this property for sale now?

Active Listing: Magnolia Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for Magnolia Dr are:
Melrose Park Elementary School: GreatSchools Rating 3/10
Richardson Middle School: GreatSchools Rating 4/10
Columbia High School: GreatSchools Rating 3/10

How much acreage is this property?

The property Magnolia Dr is 5.00 acres.
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Rocket Homes›Florida›Columbia County›Lake City›32024›Magnolia Dr

This home is located at Magnolia Dr in Lake City, FL and zip code 32024. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $65,000.

Over 2 listings were sold over their listed price in October 2024 in Lake City, FL. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Lake City, FL increased by 2.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $288,000, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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