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$1,295,000
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Property Description
Great investment property in the path of development. Just under 10 acres, across the street from the Villages, property backs up to a new multifamily development.
Full Property Details
Full Property Details for 7425 SE Hwy 42
General
- Price: $1,295,000
- Taxes: $2,513 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM703026
- Updated: 10/28/2025
- Added to Site: 240 day(s) ago
Location
- Area: 34491 - Summerfield
- County: Marion
- Development Name: 34491 - Summerfield
- Driving Directions: South on HWY 301, Turn East on CR 42 to sign on left just past SE 73rd Ave.
Community
- Community Name: 34491 - Summerfield
Utilities
- Sewer: None
- Water: None
- Utility Description: Electrical Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 9.4
- Lot Size (Sq. Ft.): 409,464
- Lot Size: 9.4
- Lot Dimensions: 620 x 630
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $137,766
- Tax Amount: $2,513.46
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 4836500000
- Property ID: 4836500000
- Block/Lot/Section: TBD
Listed by Mpi Real Estate Services
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Schools
Schools serving 7425 SE Hwy 42
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Harbour View Elementary School 8445 Southeast 147th Place, Summerfield, FL 34491 | PK-5 | 2 mi |
Lake Weir Middle School 10220 Southeast Sunset Harbor Road, Summerfield, FL 34491 | 6-8 | 2.6 mi |
Belleview High School 10400 Southeast 36th Avenue, Belleview, FL 34420 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7425 SE Hwy 42
Date
Details
Price
Change
Source
7/07/2025
Listed
$1,295,000
2490%
MLS
12/04/1998
Sold
$50,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7425 SE Hwy 42
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,025
20%
$174,405
10%
2024
$2,513
-1%
$158,550
—
2023
$2,532
2%
$158,550
—
2022
$2,479
8%
$158,550
15%
2021
$2,290
2%
$137,663
—
2018
$2,237
-4%
$137,663
—
2019
$2,332
12%
$137,663
7%
2017
$2,090
-1%
$128,169
—
2016
$2,118
2%
$128,169
4%
2015
$2,075
9%
$123,422
7%
2014
$1,897
15%
$114,877
10%
2013
$1,648
—
$104,434
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7425 SE Hwy 42
7425 SE Highway 42, Summerfield, FL 34491 (MLS# OM703026) is a Lots/Land property with a lot size of 9.4 acres. 7425 SE Highway 42 is currently listed for $1,295,000 and was received on July 07, 2025. Want to learn more about 7425 SE Highway 42? Do you have questions about finding other Lots/Land real estate for sale in Summerfield? You can browse all Summerfield real estate or contact a Coldwell Banker agent to request more information.

