5049 NW 191ST PLACE, ORANGE LAKE, FL 32681

Mixed use
THB ฿60,359,236
USD $1,800,000
Published on: 20 Oct 2023
Last updated on: 17 Jan 2025
5049 NW 191ST PLACE, ORANGE LAKE, FL 32681
5049 NW 191ST PLACE, ORANGE LAKE, FL 32681
5049 NW 191ST PLACE, ORANGE LAKE, FL 32681
+54
5049 NW 191ST PLACE, ORANGE LAKE, FL 32681
  • 54
Property ID: 110087763569
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Mixed Use - ORANGE LAKE, FL

5049 NW 191ST PLACE, ORANGE LAKE, FL 32681
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  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!

Property Details

Basic Info

Property Type
Mixed use
Listing Status
Active
Land Size
11,250.27 m2
Building Size
1,323.03 m2
Year Built
1993
Architecture Style
Other
County
Marion
Parcel ID
02908-000-00
Provider
Stellar MLS
Brokerage Office Name
Keller Williams Cornerstone Realty
Brokerage Office Phone
(352) 369-4044
Address
5049 NW 191ST PLACE, ORANGE LAKE, FL 32681

Tax History

YearTax amount
2022USD $10517.2THB ฿352,672*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Elizabeth Roberts
KELLER WILLIAMS CORNERSTONE RE
1918 SE 17 Street, Ocala, FL 34471
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Elizabeth Roberts
1918 SE 17 Street, Ocala, FL 34471
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      Property ID: 110087763569

      Data provided by Stellar MLS, MLS #: OM666140
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