| Assessor Parcel ID (APN) | A04-001 |
|---|---|
| Situs Property Address | ALL E OF RIVER, Lake Panasoffkee, FL 33538 |
| Recorded Legal Deed Holder | DRAKE RANCH PARTNERSHIP |
| Owner Recorded Mailing | 10025 S MAGNOLIA AVE, OCALA FL 34476 |
| DOR Land Classification | 060 |
| Improvement Allocation | 91% Structure ($33,690) • 9% Land ($3,430) |
| Recorded Legal Description | ALL E OF RIVER |
| Recorded Legal Owner | DRAKE RANCH PARTNERSHIP |
|---|---|
| Mailing Address | 10025 S MAGNOLIA AVE, OCALA FL |
| Land Classification | 060 |
| Improvement Share | 91% Structure • 9% Land |
| Legal Description | ALL E OF RIVER |
Unassigned Location RE is cataloged under the Sumter County, FL property tax appraisal roll with a certified market valuation of $37,120. Structural improvements constitute 91% ($33,690) of total parcel value, with allocated land value accounting for 9% ($3,430). The parcel currently benefits from a statutory tax assessment differential of $33,690 (90.8% below market), which is subject to standard ad valorem adjustments upon ownership conveyance. Based on the prevailing FL benchmark tax rate of 0.83%, estimated annual ad valorem taxes are approximately $308/year.
| Adjacent Property & Address | City | Just Valuation |
|---|---|---|
| ALL N & E OF RIVER LESS THAT P, Lake Panasoffkee, FL | Lake Panasoffkee | $38,580 |
| LANDS LYING IN SEC 10 AS DESC, Lake Panasoffkee, FL | Lake Panasoffkee | $30,930 |
| ALL LESS THAT PORTION DEEDED I, Lake Panasoffkee, FL | Lake Panasoffkee | $697,210 |
| LANDS LYING IN SEC 11 AS DESC, Lake Panasoffkee, FL | Lake Panasoffkee | $925,030 |
| ALL LESS BEG S 87 DEG 15 MIN 0, Lake Panasoffkee, FL | Lake Panasoffkee | $15,120 |
| THAT PORTION OF LAND LYING IN, Lake Panasoffkee, FL | Lake Panasoffkee | $22,500 |