7425 Se Highway 42, Summerfield, FL 34491

$1,290,000

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List Price
$1,290,000
Status
Active
Days on Market
1
MLS#
OM730447
Lot Size
409,464
Acres
9.40
Total Acreage
5 to less than 10
MLS Area Major
Summerfield

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.

Additional Information

Taxes
$2513
Community Features
No Deed Restriction
Zoning
A1
Utilities
Electrical Nearby
Pool
No Pool
Flood Zone Code
X
Parcel ID
48365-000-00
Legal Description
SEC 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

Listing courtesy of MPI REAL ESTATE SERVICES. 352-572-6083

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