$1,290,000

0 Beds 0 Baths 0 SQFT 9.40 Acres
Type: Land

7425 SE HIGHWAY 42
SUMMERFIELD, FL 34491

MLS#: OM730447
Lynnea Wetzel
Lynnea Wetzel
The Real Estate Advantage
Agent
Phone: 612.702.3687
Office: 507.665.3777
Presented by: MPI REAL ESTATE SERVICES with 352-572-6083. - 352-572-6083

Property Description

 

Prime Development Opportunity Near The Villages Excellent investment and development opportunity in a rapidly growing area of Marion County. This just-under-10-acre property offers approximately 620 feet of frontage on Hwy 42, providing exceptional visibility and accessibility. Located directly across from The Villages and backing up to a new multifamily development, the property is ideally positioned in the path of continued growth and development. In preliminary discussions with Marion County, there has been positive feedback regarding a potential PUD (Planned Unit Development) zoning change, creating an exciting opportunity for future development. Buyers are encouraged to contact the listing agent for additional information regarding the potential zoning change. With its size, substantial road frontage, strategic location, and development potential, this property offers an excellent opportunity for investors and developers looking to capitalize on the continued growth in the area. Call today for more information and to discuss the development potential of this property.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CitySUMMERFIELD
CountyMarion
Current UseResidential
DirectionsSouth on HWY 301, Turn East on CR 42 to sign on left just past SE 73rd Ave.
Flood Zone CodeX
Flood Zone Code XY
Legal DescriptionSEC 29 TWP 17 RGE 23 SE 1/4 OF SE 1/4 OF NW 1/4 & EXCEPT COM AT THE SE COR OF THE SE 1/4 OF THE SE 1/4 OF THE NW 1/4 TH N 00-19-25 E ALG THE E BDY LINE OF THE NW 1/4 33.00 FT TO A PT ON THE N LINE OF COUNTY ROAD 42, PT ALSO BEING THE POB TH N 89-24-5 0 W ALG SAID N ROW LINE A DIS OF 21.12 FT TH N 00-19-25 E 632.84 FT TO A PT ON THE N BDY LINE OF THE SE 1/4 OF SE 1/4 OF NW 1/4 OF SEC 29 TH S 89-30-56 E AL SAID N BDY LINE 21.12 FT TO A PT ON THE N BDY LINE OF THE SW 1/4 OF THE SW 1/4 OF THE NE 1/4 S 89-57-01 E ALG SAID N BDY LINE 666.96 FT TO A PT ON THE E BDY LINE OF THE SW 1/4 OF SW 1/4 OF THE NE 1/4 OF SAID SEC 29 TH S 00-13-37 W ALG SAID E BDY LINE A DIS OF 632.28 FT TH S 89-59-56 W ALG N ROW LINE 668.03 FT TO POB
Living Area Units0 sqft
Lot Size Square Feet409,464 sqft
Lot Size UnitsAcres
MLS Area34491 - Summerfield
OwnershipOther
Property TypeLand
SewerNone
Standard StatusActive
StatusActive
Tax Annual Amount$2,513
Tax Year2024
UtilitiesElectrical Nearby
Water Access Y/NNo
Water View Y/NNo
ZoningA1

Exterior

Lot Dimensions620 x 630
Lot Size Acres9.4
Lot Size Area9 sqft
Road Surface TypePaved
Water SourceNone
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,290,000

0 Beds 0 Baths 0 SQFT 9.40 Acres
Type: Land

7425 SE HIGHWAY 42
SUMMERFIELD, FL 34491

MLS#: OM730447
Lynnea Wetzel
Lynnea Wetzel
The Real Estate Advantage
Agent
Phone: 612.702.3687
Office: 507.665.3777