405 Stacy Grove Road Oak Hill, FL 32759

Other Residential MLS #: T3517740 Courtesy Of homecoin.com

$2,499,900

133.27 acres
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Est. Property Tax: $14,467
Estimated monthly payments: $12,134/mo.* (recalculate)

Property InformationDescription

FORECLOSED! Motivated seller will entertain all offers. 133 +/- Acres of Build-able Natural Florida Ranch and Hunting Property (consisting of 22 parcels of A1, FR, & RC zoning), surrounded by hundreds of acres of vacant mitigation/conservation land (state/county owned and/or managed), accenting the natural beauty and teeming wildlife. Property has incredible potential and has been returned to and currently being used as an active cattle ranch (sale includes cattle). All building and zoning code violations (identified during the foreclosure process) have been corrected. These included building code violations from converting barns and storage buildings into active residential dwellings without required permits. Building 1 (previously an enclosed barn) was converted into a 3/2 single family dwelling, and Building 2 (previously a storage shed) was converted into a 1/1 tiny home. Both have been returned to ag. These storage buildings were previously allowed under ag but we're not permitted under residential use (since ag was lost in 2023). Current owner has submitted agricultural exemption application for tax year 2025. Wetland alterations were performed while not under agricultural use. Roads were filled and culverts installed over existing roads without permits. These were revealed during the foreclosure process. Current owner is actively working with county and state regulatory agencies to mitigate violations and develop an approved mitigation plan. Seller will provide concessions for mitigation work. DIY would give opportunities to save substantially. List price reflects potential mitigation costs. Seller's loss is buyers gain. The mitigation costs are outweighed by the pristine beauty and serenity of this majestic and unique property in East Central FL. Enjoy hunting, fishing from the stocked ponds, or watch rocket launches with friends from your private lakefront oasis. Opportunities are endless! Located in beautiful Oak Hill- near Mosquito Lagoon and Merritt Island Wildlife Refuge. Minutes from the Space Coast, less than an hour from Orlando, less than 30 minutes from Daytona Beach, and less than 30 minutes from Cape Canaveral. Buyer to verify all information. Owner/Seller is a licensed Florida Real Estate Broker.
MORTGAGE CALCULATOR

Features

  • Amenities: Pond, Water Front
  • Architecture Style: Other
  • Lot Size: 133.27 Acres
  • Roof Type: Unknown

MAP & DIRECTIONS

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405 Stacy Grove Road, Oak Hill, FL 32759
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School Information

405 Stacy Grove Road, Oak Hill, FL 32759

Elementary School
Grades PK-5 | Public School
INDIAN RIVER ELEMENTARY SCHOOL
Edgewater, FL 32141
650 Roberts Rd
386.­426.7350
Distance: 9.6 mi
School Rating
C+
Student:Teacher Ratio
11:1
Total Students
511
Middle School
Grades 6-8 | Public School
NEW SMYRNA BEACH MIDDLE SCHOOL
New Smyrna Beach, FL 32168
1200 S Myrtle Ave
386.­426.7450
Distance: 13.8 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
987
High School
Grades 9-12 | Public School
NEW SMYRNA BEACH HIGH SCHOOL
New Smyrna Beach, FL 32168
1015 10th St
386.­423.7101
Distance: 13.8 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
1805
Other Nearby Schools Distance Type Grades School Rating
Outward Bound 2.7 mi Public 6-12
Burns Science And Technology Charter School 4.5 mi Public KG-10 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Oak Hill, FL 32759

Median Age: 60.1
Married: 52%
Number of Households: 1,889
Households with Children: 17.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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