$123,500
974 Sherlock Terrace
Lake City, FL 32024
Listing updated: July 10, 2026 at 2:23 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This is your chance to own a beautiful piece of North Florida land with paved roads on two sides, it's the perfect balance of open space, privacy, and convenience. This cleared 5 acre corner parcel located outside of a flood zone, and offers endless potential for a custom site built home, manufactured home, mini farm, gardens, animals, recreational use, or simply a peaceful escape from the congestion of the city. Surrounded by quiet country scenery while still remaining close to everyday essentials, the property is located within 3 miles of highly rated schools, approximately 5 miles to the new Publix shopping plaza and Tractor Supply, 9 miles to Lake City, and just minutes from I 75 for an easy commute. No HOA restrictions and plenty of room to bring your vision to life whether you are looking to build now, invest for the future, or create your own private homestead. Come check out this property today! Buyer responsible for accuracy of all measurements,legal,zoning and land use.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history56 days on market
- Status: ActiveMay 15, 2026
- Listed$125,000May 15, 2026
- Price reduced$123,500
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 56
- Subdivision
- Cates Road Sub
- County
- Columbia
- Price/sq ft
- $1
- Lot size
- 218,236 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- X
- Annual taxes
- $628 (2025)
- Parcel #
- 14-5S-16-03621-201
- Zoning
- A-1
- MLS #
- S5149820
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Gravel
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Electrical Nearby
Listing Details
- Listing date
- 2026-05-13
- On market date
- 2026-05-15
- Original list price
- $125,000
- MLS area
- 32024 - Lake City
- Listing AOR
- Osceola
- Status changed
- 2026-05-15
- Tax legal description
- LOT 1 CATES ROAD S/D. WD 1024-191,QC 1211-85
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Directions take Highway 41 S. to Highway 47 SW. stay on Highway 47 for 8 miles until you hit Cates Road take a left. It’s 2 miles up the road on the left-hand side on the corner of Cates Road and Sherlock Terrace.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of July 10, 2026 at 2:23 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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