$499,900
$275K PRICE DROP

10951 E Highway 40 Silver Springs, FL 34488

Estimated payment $2,908/month

Total Views 13,013
8.4 Acres
$59,512 Price per Acre
365,904 Sq Ft Lot

About This Lot

Prime vacant land in rapidly growing Silver Springs in Marion County Hwy 40 is slated to become a 4 lane road as per FDOT in the coming years. Project is slated but start date unknown. Currently zoned as 4.82 acres of B4 Heavy commercial and 3.58 Acres of A1.

Listing Agent

Barrett Spray

KELLER WILLIAMS ADVANTAGE REALTY Brokerage Phone: 407-977-7600 License #590021 Listed on: 06/25/2025

KELLER WILLIAMS ADVANTAGE REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,333

Lot Details

  • 8.4 Acre Lot
  • Lot Dimensions are 630x650
  • South Facing Home
  • Property is zoned B4

Listing and Financial Details

  • Assessor Parcel Number 31714-001-00
  • Tax Block 4

Property Details

Property Type

Land

Est. Annual Taxes

$3,333

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 8.4
  • Lot Size Sq Ft: 365904
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow City: Altamonte Springs
  • Escrow State: FL
  • Escrow Street Name: Douglas Ave
  • RATIO Current Price By Calculate: 1.37
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Attribution Contact: 407-977-7600
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: B4
  • Parcel Number: 31714-001-00
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Dimensions: 630x650
  • Flood Zone Code: X
  • Current Adjacent Use: Commercial,Professional Office

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3333.18
  • Tax Block: 4
  • Tax Book Number: 0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,333 $211,169 $211,169 --
2023 $3,333 $174,749 $174,749 $0
2022 $1,518 $78,197 $0 $0
2021 $1,462 $82,053 $81,726 $327
2020 $1,411 $82,045 $81,726 $319
2019 $1,202 $58,750 $58,446 $304
2018 $1,156 $58,720 $58,446 $274
2017 $1,159 $58,711 $58,446 $265
2016 $1,199 $61,682 $0 $0
2015 $1,600 $79,338 $0 $0
2014 $1,496 $77,064 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Price Changed $499,900 -9.1% --
07/12/2025 07/12/25 Price Changed $550,000 -29.0% --
06/25/2025 06/25/25 For Sale $775,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Certificate Of Transfer -- --
Deed $100 --
Warranty Deed $130,000 Americas Title Corp
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $65,500 Seller Take Back
Source: Public Records

About the Listing Agent

Barrett Spray

KELLER WILLIAMS ADVANTAGE REALTY

(352) 839-4378

Section Image

At the heart of the Barrett Spray Team is a man with a whole lot of heart, unsurprisingly by the name of Barrett Spray. A real estate agent since 1992, he worked at a local brokerage for 10 years, then Century 21 for 10 years before joining Keller Williams, where he has been ever since. It is there that he founded his team in 2006, surrounding himself with hard-working, like-minded people to achieve even greater success than he could on his own. Often described as a man with the heart of a

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Source: Stellar MLS

MLS Number: O6321633

Stellar MLS

APN: 31714-001-00