$399,999
138 Hermosa Street
Lady Lake, FL 32159
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This corner commercial lot provides endless business opportunities with HC heavy commercial zoning . National chains, drive thru , cafe , retail or car parts and sales. Direct highway 441 frontage with multiple access points. There are over 30,000 vehicles that drive by this highly visible lot. This property is located only 3 miles from the Villages and sits across from the Hwy 466 intersection.
Local Insight
At $262/sqft for a 1949 mixed-use property with no bathrooms listed, this is either a raw development opportunity or needs serious clarification on its actual condition and usable space—you'll want a thorough inspection and title review before getting excited about the price. The Lady Lake location is solid for retirement/active adult appeal given proximity to The Villages amenities and lower Lake County taxes, but a property this old without standard facilities suggests it's either a commercial-only play, a gut renovation project, or there's missing information about what you're actually buying.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history499 days on market
- Status: ActiveJul 11, 2025
- Listed$499,000Sep 10, 2024
- Price reduced$399,999
Virtual Tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 499
- Subdivision
- Lady Lake
- County
- Lake
- Year built
- 1949
- Price/sq ft
- $262
- Building area
- 1,524 sq ft (Public Records)
- Lot size
- 12,683 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12069C0170E)
- Annual taxes
- $2,636 (2022)
- Parcel #
- 20-18-24-0400-000-05501
- Zoning
- HC
- MLS #
- OM685580
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Heating & Cooling
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Other
Exterior & Construction
- Construction materials
- Stucco, Frame
- Roof
- Other
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2024-09-10
- On market date
- 2024-09-10
- Original list price
- $499,000
- MLS area
- 32159 - Lady Lake (The Villages)
- Listing AOR
- Ocala - Marion
- Status changed
- 2025-07-11
- Tax legal description
- LADY LAKE N'LY 50 FT OF LOT 55, LOT 58--LESS FROM NE COR OF SEC 20-18-24 RUN N 89-55-43 W ALONG N BOUNDARY OF SEC 20 A DIST OF 499.35 FT TO CENTERLINE OF SR 500, N 25-44-24 W ALONG SAID CENTERLINE 1379.57 FT TO THE POINT OF CURVATURE OF A CURVE CONCA VE TO THE NE, SAID CURVE HAVING A CENTRAL ANGLE OF 01-24-58 & A RADIUS OF 1910.08 FT, THENCE RUN NW'LY ALONG SAID CENTERLINE & THE ARC OF SAID CURVE A DIST OF 47.21 FT, THENCE RUN S 89-35-41 E 55.21 FT TO INTERSECTION OF E'LY R/W LINE OF SR 500 & S' L Y R/W LINE OF HERMOSA ST A 50 FT R/W BEING POB, CONT S 89-35-41 E 18.86 FT TO THE BEGINNING OF A NON-TANGENT CURVE CONCAVE TO THE E, SAID CURVE HAVING A CENTRAL ANGLE OF 57-47-09, A RADIUS OF 23.72 FT
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head South on 441 towards Lady Lake. Turn left on Hermosa St.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of February 2, 2026 at 11:47 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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