7425 SE Highway 42, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot409,464 sqft

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About this home

7425 SE Highway 42 is a home Summerfield. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

The essentials

On market
58 days
Annual tax
$2,513
Flood zone
X · Low risk
Lot
409,464 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$7,582/mo
Down payment (20%)
$258,000
Property taxes
$209/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
409,464 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
58
Flood Zone X
Annual Tax (2024)
$2,513
Parcel #
48365-000-00

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

County
Marion
MLS Area
34491 - Summerfield
Lot Size
409,464 sqft

Price history

Date
Event
Price
8/14/2026
Listed for sale
Source: Stellar MLS #OM730447
$1,290,000

Neighborhood

7425 SE Highway 42
Summerfield, FL, 34491 · 34491 - Summerfield

Calculator

Est. monthly payment
$7,582/mo
Principal & interest$6,728
Property taxes$209
Insurance$645
Down payment20% · $258,000
Interest rate6.80%
Loan term

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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

$1,290,000

Time on market

58 days

Monthly payment

About $7,582/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,513 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.

Have another question?

Brokered byMPI REAL ESTATE SERVICESListing agent: Tom McDonaldListing data from Stellar MLS, MLS# OM730447.

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