Most recently known as Pegasus Farms the 75 acres are 4 board perimeter fenced. The land has been used as a horse farm, cattle ranch and organic produce farm. Property sits on the east edge of Melrose Florida. The property sits on the ONLY intersection between Gainesville and Melrose. Currently there is a blinking light and turn lanes at the intersection. The west corner of the property is about 15 miles from the University of Florida campus and 14 miles from the downtown square. Driving time to the downtown square is 16-18 minutes. The west corner is about 2.5 miles from the center of Melrose. Improvements include one block building that is 2,400 sq/ft, a 2/2 mobile home. Paved driveway 1/4 mile long with wrought iron gated entry with Viking openers. Currently zoned AG and can be developed up 16 homesites under current zoning. It's an ideal investment for a young investor. Adjacent property just sold to the county and will be used as park. That land was 25% swamp and appraised at $7,900/acre. Appraisals available upon request. Will divide. Owner financing available.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
