
Overview
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About this home
18220 SE 24th St is a home in Mini Farms, Silver Springs. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Exceptional investment and development opportunity! This 1.01-acre R-4 zoned property offers the flexibility to build a duplex, making it an ideal choice for investors, builders, or those looking to maximize the property's potential. The existing mobile home on the property is in severe disrepair and is being sold as-is, with little to no contributory value. Whether you choose to remove the current structure and build new or explore other permitted uses under R-4 zoning, this spacious lot provides a rare opportunity to create value. Conveniently located with ample room for development, this property is ready for your vision. Buyers are encouraged to verify zoning regulations, permitted uses, and development requirements with the appropriate local authorities.
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The essentials
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Details
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
$59,900
Time on market
87 days
Monthly payment
About $446/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,249 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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