For Sale
$1,550,000

29710 Debbie Rd Okahumpka, FL 34762

Florida Farm w/Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
135
Exceptional opportunity to acquire a 25.08-acre property in Okahumpka, Florida, encompassing three parcels (14 acres, 6 acres, and 5.08 acres). This unique offering combines agricultural and residential uses, featuring a main house, two income-producing manufactured homes, and extensive equestrian amenities. The main residence boasts four bedrooms, 2.5 bathrooms, a newly renovated kitchen (2022) with quartz countertops and stainless-steel appliances, high ceilings, and a private pool. A large garage includes a screened-in Florida room above. Equestrian facilities include a 7-13 stall barn (configuration dependent), a wash rack with hot water, a 72' x 144' riding arena, a 60' round pen with lighting, multiple pastures, and a private pond. The property also includes two tenant-occupied manufactured homes generating substantial rental income: one (27750 Debbie Rd, 1152 sq ft, 3 bed/2 bath) leased at $1,725 per month, and another (27720 Debbie Rd, 1560 sq ft, 3 bed/2 bath) leased at $1,700 per month. Six horses are included in the sale. The property is zoned Ag, allowing one home per five acres, with a future land use designation of "Urban Low Density," permitting up to four units per buildable acre. Development exceeding ten units requires a minimum of 25% of the net buildable area as common open space. Conveniently located two miles from the turnpike and 45 minutes from Ocala's World Equestrian Center. The APN is 16-20-24-0001-000-00200 16-20-24-0001-000-00100 16-20-24-0001-000-02200. Offered at $1,550,000. Fee simple ownership.

Highlights

  • $1,550,000 asking price for 25.08 acres of land.
  • Located at 29710 Debbie Rd, Okahumpka, FL 34762, Lake County. APN: 16-20-24-0001-000-00200 16-20-24-0001-000-00100 16-20-24-0001-000-02200.
  • Property includes a single-family home (4 bedrooms, 2.5 baths, new kitchen, pool, large garage) and two manufactured homes (one 1152 sq ft, 3 bed/2 bath; one 1560 sq ft, 3 bed/2 bath), currently generating rental income.
  • Ag zoning, with future land use of "Urban Low Density," allowing potential for residential development.
  • Features a 7-13 stall barn, wash rack, riding arena, round pen, pastures, and private pond. Six horses included in sale.

Property Details for 29710 Debbie Rd

Property type
Land, Farms
Lot Size (sq. ft)
1,092,485 SF

Location Insight

City
Okahumpka
County
Lake
State
Florida
Latitude
28.7551404
Longitude
-81.9079575

FAQs

What type of property is this?
Land - Florida Farm w/Rental Income
Where is the land located?
The property is located at 29710 Debbie Rd Okahumpka, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: $1,550,000 asking price for 25.08 acres of land.; Located at 29710 Debbie Rd, Okahumpka, FL 34762, Lake County. APN: 16-20-24-0001-000-00200 16-20-24-0001-000-00100 16-20-24-0001-000-02200.; Property includes a single-family home (4 bedrooms, 2.5 baths, new kitchen, pool, large garage) and two manufactured homes (one 1152 sq ft, 3 bed/2 bath; one 1560 sq ft, 3 bed/2 bath), currently generating rental income.
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29710 Debbie Rd
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