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455 Briar Patch Ln - On the Lake Events 10,800 SF Specialty Building Offered at $4,950,000 at a 5% Cap Rate in Geneva, FL 32732
Investment Highlights
- Rustic Sheek on the Lake
- Reduce risk with mixed use
- Maximize revenue with multiple revenue channels
- Maximize Land Efficiency
Executive Summary
**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. 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.
Property Facts
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Property Taxes
| Parcel Number | 28-20-32-300-010D-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $986,231 |
Property Taxes
Parcel Number
28-20-32-300-010D-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$986,231
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455 Briar Patch Ln - On the Lake Events
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