$489,000
For Sale

17873 E HIGHWAY 40

Silver Springs, FL 34488
1954 sqft | 3 beds | 2 baths | 1.90 acres | #G5087772
Browse 17 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Priced well Below market value for instant Equity! Discover a unique opportunity in Silver Springs with this exceptional 1.90-acre is currently used as residential property zoned B4 for commercial use. Nestled on a picturesque lake, this property offers the perfect blend of residential comfort and commercial potential.
Key Features:
Versatile Zoning: B4 zoning allows for both residential living and commercial ventures, providing endless possibilities.
Expansive Land: Enjoy prime real estate, with the option to purchase an additional 5 acres for even greater flexibility.
Strategic Location: Benefit from the planned expansion of SR 40, including widening and bike paths, increasing property value and accessibility.
High Demand: The area is experiencing rapid growth, with a new Tractor Supply currently under construction and a strong need for additional businesses.
Outdoor Oasis: Relax and enjoy the serene beauty of lakefront living, perfect for outdoor activities and recreation.
Convenient Location: Located within 30 minutes of four major springs (Silver Springs, Juniper, Alexander, and Silver Glens) and a short drive to Ormond Beach and Daytona Beach, offering easy access to a variety of attractions.
Modern Upgrades: This fully remodeled home features a new roof and modern amenities, providing a comfortable and inviting living space.
Don't miss this rare opportunity to own a property with both residential and commercial potential. What are your business plans? You may just be able to live and work right at home! Owner/agent

  • Property Details
      • InteriorCeiling Fans(s), Walk-In Closet(s)
      • Property SubtypeSingle Family Residence
      • Utility FeaturesElectricity Connected
      • SubdivisionLAND-O-LAKES ESTATES
      • Sewer InformationSeptic Tank
      • Property TypePurchase
      • Original List Price$549,000
      • MLS #G5087772
      • MLS #G5087772
      • Exterior MaterialsStorage
      • CountyMarion
      • Cost489000
      • FoundationBlock
      • Square Feet1954
      • Year Built1984
      • Utility SourceWell
      • Taxes Annual$919
      • Acres1.9
      • Days on Market (Cumulative)79
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories1
      • Parking Spaces2

Location

Darren GreeneReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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