7 acres with lots of potential! Investment Opportunity in Lake City, FL
Presenting a 7-acre property located in Columbia County, offering exceptional potential for development or renovation. The parcel includes an existing residence in need of full renovation and is being sold as-is.
Key Features:
7 acres of land
Residence on site (requires renovation)
Assigned two separate addresses
Equipped with electric and well systems for both addresses
Convenient Lake City location only 15 minutes from Ichetucknee Springs State Park
Ample space for future improvements
Seller is open to negotiation.
This property is well-suited for investors, builders, or buyers seeking acreage with existing infrastructure and multiple address assignments.
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Sold for $100,000
$100,000
313 SW Cates St, Lake City, FL 32024
3beds
1,080sqft
SingleFamily
Built in 1977
7 Acres Lot
$195,900 Zestimate®
$93/sqft
$1,559 Estimated rent
Home value
$195,900
$151,000 - $247,000
$1,559/mo
Zestimate® history
Owner options
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$1,559/mo
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$1,559/mo
Rent Zestimate®
Refinance and save
$546/mo
Est. payment
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$546/mo
Est. payment
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List your homeWhat's special
Ample spaceExisting residence
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,080 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 7 Acres
Details
- Parcel number: 155S1603622023
Construction
Type & style
- Home type: SingleFamily
Materials
- wood frame
- Roof: Shake / Shingle
Condition
- Year built: 1977
Community & HOA
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $158,913
- Annual tax amount: $2,309
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $100,000-9.1%$93/sqft |
Source: Public Record Report a problem | ||
| 11/18/2025 | Pending sale | $110,000$102/sqft |
Source: Owner Report a problem | ||
| 11/17/2025 | Listed for sale | $110,000$102/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,309 +1.7% | $128,066 +10% |
| 2024 | $2,269 +8.3% | $116,424 +10% |
| 2023 | $2,096 +10.1% | $105,840 +10% |
| 2022 | $1,905 +11.4% | $96,218 +10% |
| 2021 | $1,709 +15.6% | $87,471 +5.2% |
| 2020 | $1,479 -19.6% | $83,122 +4.5% |
| 2019 | $1,840 -13.2% | $79,563 +19% |
| 2018 | $2,121 +53.8% | $66,842 -0.6% |
| 2017 | $1,379 | $67,235 +0.5% |
| 2016 | $1,379 | $66,907 +5.1% |
| 2015 | -- | $63,674 +0.8% |
| 2014 | -- | $63,169 -2.8% |
| 2013 | -- | $64,996 +1.7% |
| 2012 | -- | $63,910 +3% |
| 2011 | -- | $62,049 +1.5% |
| 2010 | -- | $61,132 +2.7% |
| 2009 | -- | $59,525 +0.1% |
| 2008 | -- | $59,466 +5.8% |
| 2007 | -- | $56,188 +2.5% |
| 2006 | -- | $54,818 +3% |
| 2005 | -- | $53,221 +3% |
| 2004 | -- | $51,671 +1.8% |
| 2003 | -- | $50,753 +2.4% |
| 2002 | -- | $49,563 +1.6% |
| 2001 | -- | $48,782 +3% |
| 2000 | -- | $47,361 |
Find assessor info on the county website
Neighborhood: 32024
Nearby homes
- $123,7003 bd2 ba1.6k sqft341 SW Cates St, Lake City, FL 32024Off Market
- $160,0002 bd1 ba1k sqft411 SW Cates St, Lake City, FL 32024Off Market
- $217,7003 bd2 ba1.2k sqft212 SW Velma Gln, Lake City, FL 32024Off Market
- $233,8003 bd2 ba2k sqft249 SW Cates St, Lake City, FL 32024Off Market
- $153,5003 bd2 ba1.1k sqft293 SW Velma Gln, Lake City, FL 32024Off Market
- $470,0004 bd3 ba2.9k sqft187 SW Velma Gln, Lake City, FL 32024Off Market
- $271,3003 bd2 ba2.3k sqft465 SW Cates St, Lake City, FL 32024Off Market
- $221,6003 bd1 ba1.3k sqft134 SW Velma Gln, Lake City, FL 32024Off Market
Nearby schools
GreatSchools rating
- 3/10Columbia City Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Fort White High SchoolGrades: 6-12Distance: 8.6 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$195,900
2% more
+$3,918
With Zillow Showcase(estimated)
$199,818
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$195,900
2% more
+$3,918
With Zillow Showcase(estimated)
$199,818
- Florida
- Columbia County
- Lake City
- 32024
- 313 SW Cates St
