Waterfront
Address
RABANAL TRAIL Eustis, FL
Price
$ 699,000
Property Attributes
  • MLS#O5985107
  • TypeLand
  • CountyLAKE
  • CityEustis
  • AreaEustis
  • Zip32736
  • Style
  • Taxes$ 1865
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size29.78 Acres
Listing Provided Courtesy Of:
ROBERTS JOHNSON REALTY, INC.
Data Source:
Stellar MLS
Property Description

Value is in the ZONING. Rare and highly desirable 29.78 acre QOZ or Agricultural OPPORTUNITY ZONE. Please Note that the 5.3 acre warehouse / barn property CAN be sold individually see more details in MLS listing O5985054. Often called a "1031 on steroids" Opportunity Zones are finite and no new QOZ can be created. These rare parcels were nominated by the state of Florida for designation and then certified by the US Department of Treasury as part of the (TCJA) Tax Cuts Jobs Act of 2017. Announcement of the (finite) eligible parcels was in April 2018. Serious Inquiries Only. No sign on the property. Please use public records for aerials and information. Seller does not want to create traffic to his very private neighbors. No value has been assigned to any improvements so Buyer should consider this as vacant land. Buyer will be allowed complete access to structures only after an effective contract during the inspection and feasibility period. Property is a former commercial greenhouse operation. There are two wells, two electric services, considerable concrete and loading docks, multiple structures in need of repair. While this property offers many financial opportunities, it is also a beautiful piece of land with ancient trees, a lovely natural lake and would make a wonderful private home site. Would also be great for RVers and their friends as a compound or Florida "Bug Out". Property is 5 miles to The Ed Stone Park and Boat Ramp on the St John's River (winter home of the manatees), It is 36 miles to Daytona Beach "The Worlds Most Famous Beach" and 51 miles to Walt Disney World. So much more than just a Capital Gains strategy. There are infinite opportunities for your *real life* ~~~ for your family and friends in these unprecedented times. Do NOT enter the property without agent. ***update as of 11/20/21 - We are aware that the 5.3 acre warehouse property mentioned in the first line of this listing is NOT SHOWING IN ZILLOW. We are in contact with Zillow and hope to resolve this very soon. Until then, If you'd like add'l info and pictures the MLS listing O5985054 IS AVAILABLE and "live" through MLS. Any real estate agent with access to the Multiple Listing Service as well as other sites can provide you this information. Please Note: *THIS* listing and price INCLUDES the wooded lakefront acreage and also includes the second separate 5.3 acre parcel with warehouse and other structures. We apologize for any inconvenience or confusion this is causing.

Price History
11/12/2021 Listed $699,000

General Features

Additional Parcels Description 05-18-29-0004-000-01100
Additional Parcels Y/N Yes
Association Y/N No
Building Area Units Square Feet
City EUSTIS
County Lake
Current Use Nursery
Days on Market 8
Directions From State Road 44 turn west on Spruce Dr. Turn right on Beach Rd. Continue straight onto Rabanal Trl. Property is on the right.
For Lease YN No
Lot Size Square Feet 1297217
MLS Area 32736 - Eustis
Other Structures Barn(s), Greenhouse, Workshop
Ownership Fee Simple
Property Type Land
Sewer Septic Tank
Standard Status Active
Status Active
Street Name RABANAL
Tax Annual Amount 1865
Tax Lot 00
Tax Year 2020
Terms Cash, Conventional
Township 18
Utilities Electricity Available, Phone Available, Public
Water Access Lake
Water Access YN Yes
Water Body Name LAKE CHARITY
Waterfront Features Lake
Zoning A

Interior Features

Flood Zone Code Zone A
Front Footage 860
Living Area Units Square Feet
Street Suffix TRAIL

Exterior Features

Additional Water Information Wonderful natural lake that supports a multitude of birds
Barn Features Bathroom
Lot Dimensions 1350 x 930
Lot Size Acres 29.78
Number Of Septics 1
Number Of Wells 2
Number of Lots 2
Road Frontage Type County Road
Road Responsibility Public Maintained Road
Road Surface Type Asphalt
Water Extras YN No
Water Frontage Feet Lagoon 1700
Water Source Private, Well
Water View Lake
Water View YN Yes
Waterfront Feet Total 1700
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32736

Price
AVG $170K
$700K
Taxes
AVG $531
$1,865

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