Located on NW HWY 464, this expansive 72.3-acre property presents a unique opportunity for both investors and developers. The land, having been cleared and currently used for farming, boasts an efficient agricultural irrigation well, ensuring optimal land usage for agricultural endeavors. Its proximity to the prestigious World Equestrian Center, just a 17-minute drive away, adds significant value, making it an ideal location for equestrian-related businesses or a peaceful countryside retreat. Additionally, the property offers flexible options for future development, as it can be divided to cater to varied developmental visions, whether for residential, commercial, or agricultural purposes. This location is also high and dry - no worries of flooding here! This blend of accessibility, versatility, and potential makes it a prime piece of real estate in a sought-after location.
Property Details
Property Features
Listing Office:
Office Name: BUSCH REALTY
Office Phone: (352) 690-1909
Listing Agent: Glen Shepherd, Jr.
Lot Features
Lot Information:
Lot Size: 72.03 Acres
School Info
Assigned Schools Information:
Yankeetown School, Public District Grades PK-8
Other
Directions Information:
Directions: From HWY 464 and HWY 41, drive north on HWY 41 for half a mile. Turn right onto HWY 464/SE 55TH ST. Drive 1.5 miles. Property is on right.
Price Information
Listing Price Info
Price Summary:
List Price: $2,521,050
Tax Information:
Annual Amount: $1,115
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Morriston, FL.
This property is $2.2M more than the Median Sold Price in Morriston, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #OM668360
Listing Office:
Office Name: BUSCH REALTY
Office Phone: (352) 690-1909
Listing Agent: Glen Shepherd, Jr.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/16/2024, 5:19:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,115
$46,939
2019
$1,072
$45,976
2018
$1,077
$45,655
2017
$938
$44,037
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.6K
Per Month
Principal & Interest
$12.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,625
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
3
/10
Yankeetown School
4500 Highway 40 W
Distance between this listing and this school22.04 miles
Public District Grades PK-8
Nearby Schools
4
/10
Romeo Elementary School
19550 SW 36th St
Distance between this listing and this school7.03 miles
Public District Grades PK-5
5
/10
Dunnellon Elementary School
10235 SW 180th Avenue Rd
Distance between this listing and this school8.21 miles
Public District Grades PK-5
4
/10
Williston Elementary School
801 S Main St
Distance between this listing and this school8.90 miles
Public District Grades 3-5
Assigned Schools
3
/10
Yankeetown School
4500 Highway 40 W
Distance between this listing and this school22.04 miles
Public District Grades PK-8
Nearby Schools
4
/10
Dunnellon Middle School
21005 Chestnut St
Distance between this listing and this school13.95 miles
Public District Grades 6-8
3
/10
Howard Middle School
1655 NW 10th St
Distance between this listing and this school16.28 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Williston High School
427 W Noble Ave
Distance between this listing and this school9.70 miles
Public District Grades 9-12
3
/10
Dunnellon High School
10055 SW 180th Avenue Rd
Distance between this listing and this school11.90 miles
Public Magnet Grades 9-12
5
/10
West Port High School
3733 SW 80th Ave
Distance between this listing and this school12.07 miles
The neighbors living near this home have an average income of $43,324. Most Morriston, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 21230 SE 55th St
What is the listing price of this property?
The listing price of 21230 SE 55th St property is $2,521,050.
What type of property is this?
The property 21230 SE 55th St is land located in Morriston, Florida, 32668.
Is this property for sale now?
Active Listing: 21230 SE 55th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 21230 SE 55th St are: Yankeetown School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,115 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 21230 SE 55th St in Morriston, FL and zip code 32668. This home sits on a 72.03 acre lot. It has been listed on Rocket Homes since December 06, 2023 and is currently priced at $2,521,050.
In April 2024, from all listings sold in Morriston, FL there were more than 2 sold above asking price, over 1 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Morriston, FL between March 2024 and April 2024 increased by 11.8%. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $240,500.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
NASCAR
NASCAR
Hunting
Pro Wrestling
Dollar General
Wal-Mart
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
GMC
Ram
Dodge
Classic Country
New Country