12542 SE 83RD TERRACE, Belleview, FL, 34420 | $295,000

Lots of space to park your RV, boat or yard equipment. Future Farmers of America (FAA) student in your family? A1 zoning allows different options for animals such as horses, pigs or chickens. Seller Motivated! PRICE REDUCED AND MOVE IN READY!! Seller's loss is your buyer's gain. One property with two homesites, on 2. 5 acres, just one block off SE 92nd Loop (Belleview Bypass) and just 18 minutes from the Florida Horse Park, Santos Trailhead and campground, Publix, Wa Wa and convenient to major shopping centers. Presently a 3 bedroom 2 bathroom, 1704 sq. ft. heat & air manufactured home.
The 2nd site, formerly with a manufactured home that was removed but grandfathered for a replacement home, consists of a 64 X 60 Pole Barn including two 12 ft. lean to's, on each side of the barn with an "existing" septic tank and large enough to park a large RV and farm equipment. This 2nd site has a site plan formerly approved by Marion County Building Dept. for a site built home or another manufactured home. The pole barn has sealed plans for conversion to a Barndominium subject to approval from the building dept. This property has a huge potential as an investment for residential or future rental homes. The property is fenced with two front entrances, one for the existing residence and one for the Pole Barn, there are steel gates at each driveway apron. Former owners had a chicken coop and a separate fenced area for a horse with shed/stall. The stall/shed would need some updating and repairs. Next to the horse stall is a concrete block storage building with electric power and washing machine hookup and a separate well/pumphouse next to the block building.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 330 x 330
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Year Built: 1989
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,704
  • Acreage: 2.5
  • Lot Size: 330 x 330
  • Est. Taxes: $1,227
  • Elem. School: Belleview-Santos Elem. School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: OM698702
  • Days on Market: 308 days
  • Website: https://www.raveis.com
    /prop/OM698702/12542se83rdterrace_belleview_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/11/2026 2:47:06 PM)
Listing courtesy of ROBERTS REAL ESTATE INC   Phone: 352-351-0011

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NMLS Mortgage Loan Originator ID 16953

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12542 SE 83RD TERRACE, Belleview, FL, 34420

$295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $236,000 $236,000 $236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.307% 6.292% 5.561%
Monthly Tax Payment $102 $102 $102
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,377 $1,434 $1,897
Total Monthly Payment $1,554 $1,611 $2,074

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.