Orange Lake, FL Homes For Sale | Align Right Realty

Orange Lake FL Real Estate & Commercial for Sale

1 Properties Found

The median home value in Orange Lake, FL is $68,100. This is lower than the county median home value of $199,900. The national median home value is $308,980. The average price of homes sold in Orange Lake, FL is $68,100. Approximately 55% of Orange Lake homes are owned, compared to 22% rented, while 21% are vacant. Orange Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Orange Lake real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
14,241
Status:
Active
MLS#:
OM666140
Type:
Mixed Use, Business Opportunities
Lot size:
2.78 Acres
Year built:
1993
A broker reciprocity listing Courtesy: KELLER WILLIAMS CORNERSTONE RE, 352-369-4044
View additional info

Located less than 10 minutes from I-75 and 30 minutes from Gainesville or Ocala, Georgie's Lakeside is a rare opportunity to purchase alakeside restaurant, bar, and vacation property in North Central Florida. This property has a remarkably authentic, local, old-town Florida classic charm. It is the perfect escape from urban centers and a potentially enjoyable project for the seasoned investor looking tolive Florida's kicked-back lifestyle while earning an income from its already-established amenities and reputation. Georgie's Lakeside is locatedon Orange Lake, which spans between Marion and Alachua Counties, covers over 12,000 acres, ranges in depth from around 5' to 12', and isone of North Central FL's largest lakes. Established in 1993, with B2 Zoning, the 2.75-acre parcel has 582 ft of waterfront, with an approx. 2,888 Sq Ft Restaurant & Bar (built in 1993), five 720 Sq Ft 1bd/1ba duplex efficiencies (built in 1962, roof replaced in 2018), 10 RV/MH pads, a 1,200 Sq Ft bait shop, and six boat slips. Georgie's bar holds a 4COP Liquor license; they have two pool tables, a dance floor and a stage, and a majestic view towards Orange Lake. The ten cabin units currently have full-time residents with month-to-month rent. Five of the RV/MH pads are presently in use, 3 with mobile homes on them, two with RVs on them, and the other five spaces are vacant. The old Bait, Ice & Tackle shop has been closed for several years, but revive it to its previous glory, add kayak or local boat rentals, and you've got another great income opportunity from this property. Well-established, with 313 reviews on Google, Georgie's already has a good reputation with locals and visitors, who love the laid-back, casual atmosphere, music, and fun time at Georgie's. The kitchen and bar come fully stocked and ready for the new owner's personal touch! Another huge plus for investment property, the Heagy-Burry Park, located directly between Georgie's Lakeside and the Sun Retreats Grand Lake RV Resort, is up for a $2M renovation mid 2024! Marion County has recognized Orange Lake as a great source of income revenue for its excellent Bass Fishing, air boating, duck hunting, bird watching, and other aquatic-oriented recreation. With the upscale RV resort directly to the south, this new renovation next door, and its convenient location between the sprawling growth of Ocala, and the protected natural resources of Orange Lake, Georgie's has a unique opportunity for economic growth while preserving its wild mystique and authentic charm. Call today to tour this remarkable property!

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Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS

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