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About this home
11851 SE 138th Ter is a home in Lake Weir Washington Park Sec, Ocklawaha. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
3.41-acre R-1 residential investment and development opportunity consisting of three original platted lots – Lots 10, 11 and 14 of Lake Weir Washington Park. Marion County Planning & Zoning has confirmed the property may be separated back into its three original parcels, creating multiple potential development and exit strategies. County staff also confirmed potential for a primary residence on each properly separated parcel, subject to applicable permitting and development requirements. Keep the full 3.41 acres, separate one lot while retaining two together, or explore restoring all three original parcels. Buyer to independently verify intended use, utilities, septic/well requirements and development feasibility with the appropriate agencies.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$95,000
Time on market
37 days
Monthly payment
About $616/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $878 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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