17873 E HIGHWAY 40 Active

Silver Springs,FL 34488

$ 519000

3 Beds

2 Baths

1954 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,954 sqft

Price per Sqft $265

Subdivision Land-O-Lakes Estates

MLS Listing ID G5087772

Bedrooms 3

Full Baths 2

Year Built 1984

Annual Tax Amount $919

Lot Size 1.900 Acres

Property 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

Location

State FL

County Marion

Community Land-O-Lakes Estates

Zoning B4

Interior

Heating Electric

Cooling Central Air

Flooring Luxury Vinyl

Laundry Laundry Room

Exterior

Exterior Feature Storage

Garage Spaces 2.0

Utilities Available Electricity Connected

Waterfront false

Roof Type Shingle

Building

Story 1

Foundation Block

Sewer Septic Tank

Water Well

Structure Type Block,Stucco

New Construction false

Others

Special Listing Condition None

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