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About this home
787 SE 162nd Ter is a home in Owen Heights, Silver Springs. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Investors special and small business owner opportunity! Come see this extremely affordable commercial property with a high B-4 zoning with matching land use, according to Marion County zoning office. This is a high traffic exposure corner property on state road 40 and fronts on three streets! The lot size is 200 feet +/- on state road 40 and is 173 feet +/- in depth being .82 acres total. It's located in the busy commercial district with lots of other new business going in. Included is a small 12x16 mobile office building and one other 8x8 shed. If you are wanting to get started in business without spending a billion dollars, THIS IS IT! An absolute great buy at just $75,000! You may never , ever see a commercial property like this at this price ever again. A one time opportunity is staring you right in the face! Hurry!
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$75,000
Time on market
86 days
Monthly payment
About $543/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,371 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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