787 162nd Terrace, FL787 162nd Terrace, FL787 162nd Terrace, FL
Stellar MLS
1 / 57

$75,000

787 162nd Terrace

Silver Springs, FL 34488

Listing updated: July 18, 2026 at 1:02 AM ET

Active
Stellar MLSListing courtesy of Sun Realty & Assoc · Daniel Craig · MLS #OM728703 · Active · 352-625-2001
0
Baths
0.82
Acres
$2/sqft360° tour
Land

Property type

36,000 sqft

Lot size

$2

Price / sq ft

No HOA

HOA dues

0

Days on market

X

Flood zone

About this home

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!

Estimated monthly payment

Principal & interest$379
Property taxes$114
Home insurance (est.)$34

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 history0 days on market

  1. Status: Active
    Jul 17, 2026
  2. Listed$75,000
    Jul 17, 2026
  3. Price increased$75,000

Facts & features

Property type
Land
Status
Active
Days on market
0
Subdivision
Owen Heights
County
Marion
Price/sq ft
$2
Lot size
36,000 sq ft
Lot category
1/2 to less than 1
Flood zone
X
Annual taxes
$1,371 (2025)
Parcel #
3238-020-000
Zoning
B4
MLS #
OM728703

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Interior Details

Direction faces
South

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
None
Water source
None
Utilities
Cable Available, Electricity Available

Community

Pets allowed
Yes

Schools

ElementaryEast Marion Elementary SchoolGreatSchools ↗
MiddleFt McCoy MiddleGreatSchools ↗
High SchoolLake Weir High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date
2026-07-15
On market date
2026-07-17
Original list price
$75,000
MLS area
34488 - Silver Springs
Listing AOR
Ocala - Marion
Status changed
2026-07-17
Tax legal description
Lots 20,30,41 of Owen Heights. And a certain parcel more particularly described as follows: The west 1/4 of the NE 1/4 of the NW 1/4 of section 23, township 15 south, range 24 east, lying north of state hwy 40

Flood risk

Minimal riskFEMA Zone X

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

East on Rt. 40. from Walmart in Silver Springs go 10.5 miles east on Rt. 40 to sign on left corner

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MLS GRID

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 July 18, 2026 at 1:02 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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