5049 Northwest 191st Place
5049 Northwest 191st Place
Description
lakeside 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 to
live Florida’s kicked-back lifestyle while earning an income from its already-established amenities...Located less than 10 minutes from I-75 and 30 minutes from Gainesville or Ocala, Georgie's Lakeside is a rare opportunity to purchase a
lakeside 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 to
live Florida’s kicked-back lifestyle while earning an income from its already-established amenities and reputation. Georgie’s Lakeside is located
on Orange Lake, which spans between Marion and Alachua Counties, covers over 12,000 acres, ranges in depth from around 5' to 12', and is
one 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 & Bar (built in 1993), five 720 Sq Ft 1bd/1ba duplex efficiencies (built in 1962, roof replaced in 2018), 10 RV/MH pads, a 1,200 Sq Ft bait shop, and six boat slips. Georgie's bar holds a 4COP Liquor license; 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!
- Listed by Elizabeth Roberts • KELLER WILLIAMS CORNERSTONE RE
- Listed by Julie Beck • KELLER WILLIAMS CORNERSTONE RE
Property Details for 5049 Northwest 191st Place
Location
Property Details for 5049 Northwest 191st Place
| Status | Active |
|---|---|
| MLS # | OM666140 |
| Days on Market | 199 |
| Taxes | $10,517 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1993 |
| Lot Size | 2.75 AC / 119,790 SF |
| County | Marion County |
Location
Building Information for 5049 Northwest 191st Place
Payment Calculator
$10,700 per month
30 year fixed, 7.25% Interest
$9,823
$876
$0
Property Information for 5049 Northwest 191st Place
- Building Area Source: Public Records
- Building Area Total: 14241.0
- Building Area Units: Square Feet
- Directions: 441 North to 301 split, continue on 441 North to NW 191 Place. Turn right onto NW 191 Place and proceed property will be approximately 7 miles on the Left. GPS will provide accurate directions from all locations.
- Mls Major Change Type: Price Increase
- Listing Service: Full Service
- Road Frontage Type: County Road
- Unit Number: No
- Street Number: 5049
- Street Direction Prefix: NW
- Street Name: 191ST
- Street Suffix: PLACE
- State: FL
- City: ORANGE LAKE
- Management: Owner Manager
- Tax Block: 19,20
- Tax Book Number: A Page 42A
- Tax Legal Description: SEC 21 TWP 12 RGE 21 Plat Book A Page 42A Lochbie Orange Lake BLK 20 Lots 1,2,3,4 & all of BLK 19 & part of Beach Street & part of Cypress Street, that lies to the E & N sides of Blk 20 as per plat of Orange Lake Rec in Plat Book A page 42A & all of the mill lot Ex E 50 feet. Parent Parcel # 02908-000-00.
- Tax Lot: 1,2,3,4,
- Tax Year: 2022
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/OM666140
- Additional Parcels: No
- Parcel Number: 02908-000-00
- Total Acreage: 2 to less than 5
- Total Num Buildings: 9
- Water Access: No
- Water Body Name: ORANGE LAKE
- Water Extras: Assigned Boat Slip, Boat Ramp - Private
- Water Extras: Yes
- Water: Assigned Boat Slip, Boat Ramp - Private
- Zoning: B-2
- Year Built Numeric: 1993
- Flood Zone Code: X
- New Construction: No
- Public Survey Range: 21
- Public Survey Section: 21
- Dock Description: Dock - Covered, Dock - Wood
- Construction Materials: Block
- Foundation Details: Slab
- Pool: None
- Pool Private: No
- Roof: Metal
- Waterfront Features: Canal - Freshwater
- Waterfront Feet Total: 0
- Cooling: Central Air, Wall/Window Unit(s)
- Living Area Units: Square Feet
- Water View: Yes
Property History for 5049 Northwest 191st Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5049 Northwest 191st Place
Schools near 5049 Northwest 191st Place
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Reddick-Collier Elementary School PublicPK to 5 | ||
North Marion Middle School Public6 to 8 | ||
North Marion High School Public9 to 12 | ||
Mcintosh Area School CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of KELLER WILLIAMS CORNERSTONE RE
Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
