9 days on rocket

16890 E Highway 40, East Marion, FL, 34488

$139,500

2.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front, Pond
ViewLake
MLS #274130
Lot Size2.17 Acres
StatusActive

About 16890 E Highway 40

Just over two acres of lakefront commercial property located off Highway 40 in rapidly expanding Marion County, Florida. A perfect high-traffic count location between Ocala and Daytona Beach with excessive frontage (330') along Highway 40 (10,000-15,000 cars per day) This land comes with optionality - drive-through concept, restaurant, or even build mobile home spaces and enjoy membership at the neighboring community. Call today for details - Seller Financing is available.

Property Details

Property Features

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (772) 766-2001
  • Listing Agent: Chris Flaig

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Pond
  • View: Lake

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 2.17 Acres

Other

Directions Information:

  • Directions: heading west on Highway 40 the land is on the south side of the highway just before the heart of Silver Springs

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,500
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in East Marion, FL.

Med. Sold Price

$180K

Med. Price/SqFt

$136

Avg. Days On Market

42

# of Sold Homes

13

16890 E Highway 40 vs East Marion

9 DAYS ON ROCKET

-33 Days

$139,500

-$40.5K Less

KEY TAKEAWAY

This property is $40.5K less than the Median Sold Price in East Marion, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IndianRiver
  • MLS Number: #274130

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (772) 766-2001
  • Listing Agent: Chris Flaig

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is 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. Information deemed reliable but not guaranteed. Copyright© 2024 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$485

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-253945
2
/10
  • East Marion Elementary School

  • 14550 NE 14th Street Rd

  • 2.81 miles

  • Public District Grades PK-5

school-card-donut-253946
4
/10
  • Greenway Elementary School

  • 207 Midway Rd

  • 9.41 miles

  • Public District Grades PK-5

school-card-donut-253947
5
/10
  • Marion Charter School

  • 39 Cedar Rd

  • 10.25 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,788. Typical income of East Marion, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16890 E Highway 40

What is the listing price of this property?

The listing price of 16890 E Highway 40 property is $139,500.

Is this property for sale now?

Active Listing: 16890 E Highway 40 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 16890 E Highway 40 is 2.17 acres.
Rocket Homes logo

Interested in 16890 E Highway 40? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaMarion CountyEast Marion3448816890 E Highway 40

This home is located at 16890 E Highway 40 in , FL and zip code 34488. This home sits on a 2.17 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $139,500.

In October 2024 more than 3 listings in East Marion, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The number of homes for sale in East Marion, FL increased by 18.8% between September 2024 and October 2024. In October 2024 median list price was $180,000 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources