Photo 1 of 23
$100,000
Sold on 10/13/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
1.00 |
1,605 |
$471 |
1975 |
On the market:
189 days
|
View full details, 15 photos, school info, and price history
That Peace and Quiet opportunity you have been looking for!! View Awesome sunsets off your dock every evening. 3 bedroom Lakefront Cottage in the Ocala National Forest located 20 minutes east of Silver Springs, Fl. Furnishings remaining at time of closing stay with the property. Boats are limited to under 10 horsepower motors. Full time residency is not allowed.
Buyer is responsible for property taxes and the annual lease fee.
The cottage is purchased cash and the land lease is transferred to buyer by the US Forestry Service.
US Forest Service Leases -- This property is under the Federal Recreation Residence program and leased under a special use permit. See docs attached for US Forestry service rules and Regulations. Annual lease fee is $1,753, transfer fee (one time)- $1,302. Basically the structures on the land are owned by the seller, but the land itself is leased to the seller by the US Forestry Service.
This process can take some time. the funds to close are placed in escrow with the title company and the buyer makes application with the Forestry Service to transfer the special use permit. The transfer is approved and sent to Tallahassee to be signed and returned, which can take weeks. The funds are disbursed and keys delivered to buyer when the permit comes back.
Listing courtesy of Earl Wilson, FONTANA REALTY