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Key Details
Sold Price $11,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Dora Pines Sub
MLS Listing ID O6141611
Sold Date 11/17/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $77
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 62x79x62x79
Property Description
Nestled in the tranquil Chase Ct, Mount Dora, FL 32757, is a beautiful 0.11-acre plot of land that presents a remarkable investment opportunity.
Why Invest in Florida?
Growth Potential: Florida is one of the fastest-growing states in the U.S., with a steady influx of new residents each year. This consistent growth can lead to increased demand for both residential and commercial land, potentially driving up property values over time.
Favorable Climate: Florida's warm, sunny climate attracts millions of tourists each year, and many choose to retire there. The demand for vacation properties and retirement homes can make land investment particularly lucrative.
No State Income Tax: Florida is one of the few states with no income tax, which can make the returns on your investment more profitable when compared to states that tax income.
Real Estate Friendly State: Florida is generally considered a real estate friendly state with procedures that are relatively straightforward, making the process of buying and selling land less complicated compared to some other states.
This property is ripe for development, with neighboring lots selling for $23,000 and up, but you can claim this one for only $16,995 cash price! Want a financing option? Get this land for just $3,799 down and choose from three flexible payment plans:
$455.31 per month for 48 months
$391.33 per month for 60 months
$349.26 per month for 72 months
Location
State FL
County Lake
Community Dora Pines Sub
Zoning RM
Exterior
Utilities Available Other
Waterfront false
Building
Lot Size Range 0 to less than 1/4
Sewer Septic Needed
Water Well Required
Construction Status Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ROCK SPRINGS REALTY, LLC