Price Reduced 10.93%

$489,000 ($250.26 per sqft)

Est. Mortgage $2,505/mo *

Quick Pre-Approval

Price History

$549,000
10/3/2024

$519,000
11/15/2024

$489,000
12/2/2024


17873 E Highway 40, Silver Springs, FL, 34488

17873 E Highway 40, Silver Springs, FL, 34488

9 rooms

3 beds

2 Full baths

1984

1,954 sqft

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


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Laundry Room

Subdivision:

LAND-O-LAKES ESTATES

Garage:

2-car

Heating:

Electric

Cooling:

Central Air

Levels:

1

Acreage:

1.9

Est. Taxes:

$920

Construction

Block, Stucco

Utilities

Electricity Connected

Days on Market:

60

Appliances:

Cooktop, Dishwasher, Electric Water Heater, Range Hood, Refrigerator

Min Lease Term:

No Minimum

MLS #:

G5087772


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX PREMIER REALTY LADY LK Phone: 352-753-2029