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About this home
10487 SE Highway 42 is a 1925-built home Summerfield. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
PREMIUM LOCATION LOCATION LOCATION - Rare Opportunity to own this High Traffic Commercial piece of property. 3 ACRES Zoned B2. Located just north of the world famous Villages and Minutes away to popular Lake Weir. Centrally located between Orlando and Ocala. Corner lot boast 4 structures on the property including a Historic 2 story home that can be used as an Office amongst other possibilities. Front of Property Faces Highway 42 with Traffic count over 15 thousand vehicles a day. House has AC and is Wired for surveillance. Includes 3 other structures a garage and 2 barns, perfect for a service business or storage. Property is Partially Fenced. This can be a blank canvas with Numerous applications for your business or to expand your existing company. Public utilities are right in front of property if Public utilities are desired, currently on well and septic. Large rolling gate for truck access. DON'T MISS OUT . Owner is MOTIVATED and Possible OWNER FINANCING . CALL TODAY.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$589,990
Time on market
273 days
Year built
1925
Monthly payment
About $3,533/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,933 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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