351 Suwannee County Lot

10,106 SQUARE FEET IN SUWANNEE COUNTY, FLORIDA

 

Buy or hold

 

This property is located in northern Florida near the Suwannee River. It is 5 minutes to the Suwannee River State Park and is located in an area with plenty of outdoor recreational opportunities, including boating, swimming, fishing, wildlife viewing, birding and hiking in the nearby state parks and springs.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

The property is about 20 minutes to Live Oak (the county seat), 1 hour and 30 minutes to Jacksonville and Tallahassee, and 2 hour and 40 minutes to Orlando.

The property is accessible via 181st Lane.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist

The lot is zoned A-1, which allows for single-family homes and mobile homes. According to our research, RV use is allowed for 6 months out of the year with a permit; however, we do suggest that you give the Suwannee County Planning and/or Building Department a call to confirm this.

CASH DISCOUNT PRICE $8,160 $5,499 + $395 DOCUMENT FEE

We accept payment via PayPal, wire transfer, ACH transfer, and Zelle.

SELLER FINANCING AVAILABLE

$1 down with a $299 document fee and $199 per month for 41 months at 0% APR. No prepayment penalty. No credit checks.

HOLD PRICE $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

TITLE AND USE

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

 

Buy or hold

 

ABOUT THE SUWANNEE RIVER

According to visitsuwannee.com, “The Suwannee River winds through scenic state parksnatural springs, charming small towns, and Civil War battlefields. A leisurely canoe ride down this picturesque river transports you to a distant past when Native Americans once used it to sustain their way of life. A ride down any stretch of the 170 miles of navigable waters of the Suwannee River will almost certainly yield an encounter with something you may have never seen before, and that includes what lies beneath the water as well. At least 62 species of freshwater fish are found in the Suwannee and its tributaries. Many are small fish, but important to the food chain and the maintenance of sport and commercial fishing. Sunfish and bluegill converge with Largemouth Bass and seven different species of catfish.

Fur bearing animals such as raccoon, mink, otter, beaver, opossum, and bobcat, are common in the area as are manatee, owls, and a transplant from Texas you know as the armadillo. There are also more than 250 species of birds that frequent the basin. There are networks of underwater caves to be explored and natural springs to swim and relax in after an active day paddling down this captivating Florida treasure.”

LOT DETAILS
Assessor’s Parcel Number:
09-01s-12e-09343-060090
Legal Description:
LEG LOT 9 BLK 6 SUWANNEE RIVER PARK ESTATES UNIT 1 ORB 203 P 450 WD ORB 1510 P 347 WD YR 09 REMAINDER: LISA MARIE FAULKNER & JOHN MICHAEL GAZZANO
Approximate Elevation:100 Ft
GPS Coordinates (approx.):
Please note that the GPS coordinates are approximate. They come from public assessor GIS data and are fairly accurate, but to find the exact boundaries of the property, it is best to hire a local surveyor.
Center: 30.4203, -83.1257
30.4201,-83.1255
30.4201,-83.1259
30.4203,-83.1259
30.4203,-83.1255
30.4201,-83.1255
Annual Taxes:$40.99
Zoning:A-1 (agricultural-residential)
Time Limit to Build:None as far as we are aware
Access:Dirt Road
Power:There may be electricity poles in the area, but electricity would need to be connected to the lot.
Water:A well would need to be installed.
Sewer:A septic system would need to be installed. Please note that a perc test has not been done.
Median Home Value Estimate (Live Oak):
According to Zillow
$110,300
This lot is ~5% of the median home value estimate.
Contacts:Suwannee County Planning and Zoning 386-364-3542
Suwannee County Building Department

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul

FREQUENTLY ASKED QUESTIONS

How do I use the GPS coordinates to find the property in Google Maps?

Note: these are sample coordinates, please copy the GPS coordinates from this listing page.

Can I build a home on the lot? Because we do not know the specifics of what you may want to build on the property, we recommend that you contact the building and/or zoning department(s) for more information on the relevant zoning and building regulations and how to obtain a building permit.

Can I visit the property?  Of course! There is no need to make an appointment – please feel free to visit the property at any time. Please also note that we won’t be able to meet you at the lot.

Does the property have an address? No, since the property is a vacant parcel of land, it hasn’t been assigned an address. However, you can plug the approximate GPS coordinates into Google Maps in order to locate the property (as shown above).

Has a survey been done? No, we have not had a survey commissioned, but if you would like to pay for a survey we would be happy to work with your chosen surveyor.

Can you park an RV on the property? We recommend that you contact the county to confirm, but, in most counties, RVs are only allowed on a temporary basis.

Are taxes up to date? We pay all tax bills as soon as we receive them, but you can always check with the County Treasurer to verify taxes have been paid.

Has a title search been done? Giv en the price point of our properties, we do not typically purchase a title search or title insurance when we buy a lot. However, we do our own research to check for title issues and liens and would never purchase a property that has a known title issue. We are also happy to work with the company of your choosing at buyer’s expense.

How does the closing process work? We try to keep the closing simple and straightforward. Please just send us the full name of everyone you would like on the deed, a mailing address and phone number, and whether you would like to purchase with cash or utilize owner financing. We will then send you an invoice for either the down payment plus the document fee or the cash discount price plus the document fee. We accept payment via Zelle, wire transfer or ACH transfer as well as PayPal for properties priced under $5000.

If you purchase with owner financing, we will then send the loan documents to you for your signature via docusign.

If you purchase with cash, we will then draft and record the deed transferring title to you. Once the deed is recorded, we will send you a copy for your records.

Do you work with a title company? Yes, we are always happy to work with the company of your choosing at buyer’s expense.

How does owner financing work? With owner financing, we will sign a land contract that gives you legal right to use the property; however, you won’t be able to pull any building permits during the loan term. Once the down payment and document fee are paid, we will send you a link to our third party loan servicing software, where you will make monthly payments for the length of the loan term. After the loan is paid in full, we will then transfer title to you.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur

PROPERTY PHOTOS

 

FINAL NOTE

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!

“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist

 

Buy or hold

 

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.

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