Listing Saved
Email Sent

29.4 Ac Subdivision-Financing

County Road 342 : Bell, FL 32619

Gilchrist County, Florida

29.45 Acres
$340,000
$11,544 / ac
Create a FREE Buyer Profile or sign in to save this farm. DISMISS

Farm Description

Builders and Developer take note.. OWNER FINANCING. 17 "Ready to Go" lots and 21.16 acres currently used for growing landscape trees (mostly oaks) that was designated as Phase II of Oak Walk. Oak Walk is a 64 lot deed restricted development, a lovely subdivision located in Bell, Florida, a small rural community located about 30 minutes west of Gainesville and 5 minutes east of the Suwannee River. Minimum home size is 1450 square feet, heated and cooled, in Phase I and 1,850 square feet in Phase II. Phase II has a Preliminary Site plan that will need to be re-submitted to the town of Bell to be able to develop it. Phase I has 17 lots remaining - 3 half acre lots and 14 - .23 acre lots. All lots are high and dry.

The infrastructure for Phase I has been completed and includes paved streets, underground utilities, retention area, park, trails and landscaped entrance. An architectural review committee will provide continuity for development of the subdivision. The four homes all have side garages, front porches and sidewalks. Gingerbread and shutters are included as part of the design.

The seller is offering owner financing as follows:

7% interest 3 year balloon

20 year amortization 20% down

Phase II, with 32 half acre+ lots, has room for a pool, clubhouse, trails and parking for large vehicle and boats. The engineering for Phase II is mostly complete as well as the storm water retention for the entire development.

All legal work has been completed including recorded deed restrictions, a budget, homeowners association, by-laws and recorded plat for Phase II. Several floor plans are available with a sale of the development. All sales literature is available for a new owner's use. Most can be modified with new owner information.

There are four houses in Oak Walk...very charming with front porches and side garages.

This is truly an amazing area...minutes to the Suwannee River, several recreational springs and State forests. Gilchrist County has "A" rated schools making this area a wonderful place to raise a family. For information about the area and its amenities visit the following website:

www.purewaterwilderness.com

Directions

Directions: From Gainesville take SR 26 west to Trenton, turn right on SR 129 and go for about 8 miles to blinking light in Bell (next to Akins); turn left or West and go about 1/3 mile to Oak Walk on right side.

More Farm Details

Annual Taxes
$950
Owner Will Subdivide
Yes
Owner Will Finance
Yes
Owner Will Lease
No
Covenants / Restrictions
Yes
Residence / Home
No
Commercial Building
No
Zoning
Residential
Terrain
Gently Rolling
Access
Paved Road
Electricity Service
Yes
Telephone Service
Yes
Water Service
No
Sewer Service
No
Natural Gas Service
No
Cable TV Service
No
Cell Service
No
Internet Service
No
Well
No
Septic
No
MLS / Other ID
377702
Posted on FARMFLIP
2621 Days Ago
Last Updated
55 Days Ago
FARMFLIP ID
27300

Price History

09/01/2016
$340,000
$-59,900
-15.0%
Farm features, descriptions, details, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by FARMFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.