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$1,290,000

7425 Highway 42

Summerfield, FL 34491

Listing updated: August 14, 2026 at 3:53 PM ET

Active

Listing courtesy of Mpi Real Estate Services · Tom McDonald · MLS #OM730447 · Active · 352-572-6083

Baths

9.4

Acres

◆9.4 acres◆$3/sqft

Land

Property type

409,464 sqft

Lot size

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$6,523

Property taxes$209

Home insurance (est.)$591

Down payment

20%

$258,000 downRate

6.5%

Term

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

Status: Active
Aug 14, 2026
Listed$1,290,000
Aug 14, 2026
Price increased$1,290,000

Facts & features

Property type: Land
Status: Active
Days on market: 0
County: Marion
Price/sq ft: $3
Lot size: 409,464 sq ft
Lot category: 5 to less than 10
Flood zone: X
Annual taxes: $2,513 (2024)
Parcel #: 48365-000-00
Zoning: A1
MLS #: OM730447

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Ownership: Other

Exterior & Construction

Road surface: Paved

Utilities

Sewer: None
Water source: None
Utilities: Electrical Nearby

Listing Details

Listing date: 2026-08-14
On market date: 2026-08-14
Original list price: $1,290,000
MLS area: 34491 - Summerfield
Listing AOR: Ocala - Marion
Status changed: 2026-08-14
Tax legal description: SEC 29 TWP 17 RGE 23 SE 1/4 OF SE 1/4 OF NW 1/4 & EXCEPT COM AT THE SE COR OF THE SE 1/4 OF THE SE 1/4 OF THE NW 1/4 TH N 00-19-25 E ALG THE E BDY LINE OF THE NW 1/4 33.00 FT TO A PT ON THE N LINE OF COUNTY ROAD 42, PT ALSO BEING THE POB TH N 89-24-5 0 W ALG SAID N ROW LINE A DIS OF 21.12 FT TH N 00-19-25 E 632.84 FT TO A PT ON THE N BDY LINE OF THE SE 1/4 OF SE 1/4 OF NW 1/4 OF SEC 29 TH S 89-30-56 E AL SAID N BDY LINE 21.12 FT TO A PT ON THE N BDY LINE OF THE SW 1/4 OF THE SW 1/4 OF THE NE 1/4 S 89-57-01 E ALG SAID N BDY LINE 666.96 FT TO A PT ON THE E BDY LINE OF THE SW 1/4 OF SW 1/4 OF THE NE 1/4 OF SAID SEC 29 TH S 00-13-37 W ALG SAID E BDY LINE A DIS OF 632.28 FT TH S 89-59-56 W ALG N ROW LINE 668.03 FT TO POB

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

South on HWY 301, Turn East on CR 42 to sign on left just past SE 73rd Ave.

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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 August 14, 2026 at 3:53 PM 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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