Get the Preforeclosure Address

State Road 51
Live Oak, FL 32060

*Rental Value Coming Soon

Overview

This Preforeclosure is located at State Road 51, Live Oak, FL 32060. It has This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 63669445
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Homes near State Road 51 in Live Oak, Florida


Learn about State Road 51 in Live Oak, FL

This property is available as a preforeclosure at State Road 51. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Live Oak, specifically for State Road 51 and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on State Road 51 are updated daily along with others in Live Oak, Florida, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for State Road 51 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

State Road 51 in Live Oak Florida Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on State Road 51
View Preforeclosure Status
05/23/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Live Oak, FL like?

Live Oak, Florida is a charming small town known for its Southern hospitality and laid-back lifestyle. Residents enjoy a close-knit community feel, with local events that bring everyone together throughout the year. The area's scenic landscapes make it perfect for outdoor enthusiasts who enjoy fishing, hiking, and exploring Florida's natural beauty.

In terms of amenities, Live Oak offers easy access to various shopping options, including local boutiques and grocery stores. The town is home to a number of parks that provide recreational opportunities for families and individuals alike. Schools in the area are well-regarded, further enhancing the appeal for families looking to settle down.

The transportation links are quite favorable, with nearby highways providing convenient access to larger cities for work or leisure. The pleasant climate year-round allows residents to partake in outdoor activities consistently, making it an inviting place for newcomers and retirees.

Nearby Schools

There are 3 schools in the area. Nearby schools include Suwannee High School and Live Oak Elementary School.

Suwannee High School
Live Oak Elementary School
Suwannee Middle School

Nearby Attractions

There are plenty of activities near this property like Suwannee County Public Library, Live Oak Community Center, and more.

Suwannee County Public Library
Live Oak Community Center
Doctors Memorial Hospital

What kind of public transportation is there?


Public transportation options include: Limited local bus services provided by Suwannee Valley Transit Authority. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Shands Lake Park, Dudley Farm Historic State Park and more.

Shands Lake Park
Dudley Farm Historic State Park
Peacock Springs State Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
T-Mobile
AT&T

Internet Providers

Spectrum
AT&T
Comcast
Rental Chart
View Rental and Market Value
for State Road 51 in Live Oak Florida
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Property Information

Preforeclosure

The property located at State Road 51 in Live Oak, FL is listed as a Preforeclosure

This listing located at State Road 51 in Live Oak, FL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Live Oak, Florida is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Live Oak, FL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Live Oak, Florida doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
05/23/25   Preforeclosure High Springs Electric And A...

Similar Homes Nearby Live Oak, FL


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State Road 51
Live Oak, FL 32060

 

Status: Active Listing ID: 63669445

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Listing URL

https://www.foreclosure.com/listing/address.html?address=State-Road-51-Live-Oak-FL-32060/63669445_lid

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