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About this home
1327 E Silver Springs Blvd is a 1950-built home in Lynwood Park, Ocala. Listed at $390,900 (about $127/sqft), 330 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Once a bustling gas station, this site now presents a rare investment opportunity in a high visibility, high-traffic area. Only one mile from historic downtown Ocala! Situated on a generous corner lot directly on Silver Springs Blvd this is a prime location with steady vehicle and foot traffic. This property includes a 1555 sq ft building with open-interior space, large display windows, and a covered 1525 sq ft pump canopy prefect for creative reuse. With city utilities already in pace and flexible zoning (verify with local municipality), it's ideal for investors or entrepreneurs looking to transform the space into a profitable venture. Zoned for commercial use, its perfect for a unique retail shop, café, brewery, restaurant, salon, etc. Whether you're looking to restore, repurpose, or redevelop, this property offers a solid foundation. This site currently has a closed in place underground fuel tank approved by the state. The tank is filled with grout therefore not useable. The environmental condition has a minimal impact on redevelopment. Seller will provide latest reports and help buyer with appropriate state agency contacts for further information. Sold as is- ready for your vision.
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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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Sample: 188 closed home sales in 34470 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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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
$390,900
$127 per sq ft
Size
3,083 sq ft
Time on market
330 days
Year built
1950
Monthly payment
About $2,484/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,991 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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