David Shippey
863.521.4517

5049 NW 191st Place Orange Lake Florida | Home for Sale

To schedule a showing of 5049 NW 191st Place, Orange Lake, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,800,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,800,000 No Recent Price Change
5049 NW 191st Place
Orange Lake, FL 32681
  • N/ABeds
  • 0.00Total Baths
  • 0 Full, 0 HalfBaths
  • N/ASqFt
  • 1993Year Built
  • 2.78Acres
  • MLS# OM666140
  • Commercial
  • MixedUse
  • Active

  • Approx Time on Market11 months, 10 days
  • Area32681 - Orange Lake
  • CountyMarion
  • Subdivision N/A

Overview

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 Floridas kicked-back lifestyle while earning an income from its already-established amenities and reputation. Georgies 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 youve got another great income opportunity from this property. Well-established, with 313 reviews on Google, Georgies 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, Georgies has a unique opportunity for economic growth while preserving its wild mystique and authentic charm. Call today to tour this remarkable property!



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Building Info

Roof:  Metal

Building Area Source:  PublicRecords

Business Info

Buyer Compensation

Exterior Features

Pool Private:  No

Financial

Original Price:  $199,999

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Spa:  No

Lot Info

Direction Remarks:  441 North to 301 split, continue on 441 North to NW 191 Place. Turn right onto NW 191 Place and proceed property will be approximately 7 miles on the Left. GPS will provide accurate directions from all locations.

Lot Size Units:  Acres

Lot Size Acres:  2.78

Lot Sqft:  119,790

Road Frontage Type:  CountyRoad

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  21

Class Type:  MixedUse

Property Sub Type:  MixedUse

Property Attached:  No

New Construction:  No

Construction Materials:  Block

Mobile Home Remains:  ,No,

Foundation:  Slab

Home Warranty:  ,No,

Human Modified:  Yes

Sqft Info

Bulding Area Sqft:  14,241

Living Area Units:  SquareFeet

Tax Info

Tax Year:  2,022

Tax Lot:  1,2,3,4,

Tax Legal Description:  SEC 21 TWP 12 RGE 21 Plat Book A Page 42A Lochbie Orange Lake BLK 20 Lots 1,2,3,4 & all of BLK 19 & part of Beach Street & part of Cypress Street, that lies to the E & N sides of Blk 20 as per plat of Orange Lake Rec in Plat Book A page 42A & all of the mill lot Ex E 50 feet.Parent Parcel # 02908-000-00.

Tax Block:  19,20

Tax Annual Amount:  10517.2

Tax Book Number:  A Page 42A

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric On Property:  ,No,

Cool System:  CentralAir, WallWindowUnits

Cooling:  Yes

Heating:  No

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  CanalAccess, Lake, LakePrivileges

View:  Yes

Water Body Name:  ORANGE LAKE

View:  Canal, Lake, Water

Directions

441 North to 301 split, continue on 441 North to NW 191 Place. Turn right onto NW 191 Place and proceed property will be approximately 7 miles on the Left. GPS will provide accurate directions from all locations.

This listing courtesy of Keller Williams Cornerstone Re 

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On davidshippey.com since Wed, Oct 18th 2023
No Property History recorded for this listing.

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If you have any questions on 5049 NW 191st Place, Orange Lake, Florida, please call David Shippey at 863-521-4517.


MLS# OM666140 located at 5049 NW 191st Place, Orange Lake, Florida is brought to you by David Shippey REALTOR®

5049 NW 191st Place, Orange Lake, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 5049 NW 191st Place, Orange Lake, Florida is OM666140.
The price for 5049 NW 191st Place, Orange Lake, Florida is $1,800,000.
The status of 5049 NW 191st Place, Orange Lake, Florida is Active.
The subdivision of 5049 NW 191st Place, Orange Lake, Florida is .
The home located at 5049 NW 191st Place, Orange Lake, Florida was built in 2024.

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