455 Briar Patch Lane, Geneva, FL 32732
- $4,995,000
- 10,800
- SqFt
- List Price
- $4,995,000
- Status
- Active
- Days on Market
- 156
- MLS#
- O6384158
- Property Style
- Agriculture
- Year Built
- 2022
- Living Area
- 10,800
- Lot Size
- 330,847
- Acres
- 7.60
- Total Acreage
- 5 to less than 10
- MLS Area Major
- Geneva
Property Description
**AMAZING EVENT CENTER, WEDDING VENUE, GOVERNMENT COMMUNITY CENTER, SCHOOL, OR CORPORATE RETREAT CENTER** With nearly **$1.48 million in immediate tax savings** available to buyers in the highest tax bracket, this property delivers an extraordinary opportunity for income-rich investors seeking both powerful tax efficiency and a highly adaptable, income-producing asset. Currently operating as a thriving event center, it includes an on-site two-bedroom owner’s apartment, a bridal suite, a gentlemen’s suite, two RV sites, a 20' x 30' two-car garage, and a storage trailer—providing everything needed for seamless operations or expanded revenue streams. Venue has a private two bedroom residence, bridal suite, 5 plus bathrooms and three bedrooms total. Recent G1 zoning change allows for outdoor events without a permit from Seminole County and the ancillary benefit of being a member of the Agritourism Association, all from planing a small pecan orchard. The pro forma reflects a **5% return**, and the flexible layout makes the property ideal for a wide range of uses, including weddings, community services, education, corporate retreats, or specialty commercial operations. While the accelerated depreciation benefits are finite, they are exceptionally robust, and the long-term fundamentals are equally compelling. Property values in this market have risen **164% over the past decade**, underscoring strong appreciation potential.
Additional Information
- Taxes Annual
- $12831
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- G1
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Metal Frame
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 28-20-32-300-010D-0000
- Legal Description
- SEC 28 TWP 20S RGE 32E E 1/2 OF NW 1/4 OF SW 1/4 OF NE 1/4 & BEG SW COR OF E 1/2 OF NW 1/4 OF SW 1/4 RUN S 123 FT S 21 DEG 38 MIN 54 SEC W 222.68 FT E 32.01 FT N 51 DEG 32 MIN 29 SEC E 483.89 FT E TO WLY R/W OVIEDO-GENEVA RD N 30 FT W TO BEG
Listing courtesy of REAL BROKER, LLC. 855-450-0442
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