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$1,290,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 9.4 Acres
  • Updated 1 day ago
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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.

Full Property Details for 7425 SE Hwy 42

General

  • Price: $1,290,000
  • Taxes: $2,513 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM730447
  • Updated: 8/14/2026
  • Added to Site: 1 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: $137,234
  • 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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Listing agent

— 7425 SE Hwy 42 —

  • Mpi Real Estate Services

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7425 SE Hwy 42

School District:Marion County School District
NameGradesDistance
Harbour View Elementary School
8445 Southeast 147th Place, Summerfield, FL 34491
PK-52 mi
Lake Weir Middle School
10220 Southeast Sunset Harbor Road, Summerfield, FL 34491
6-82.6 mi
Belleview High School
10400 Southeast 36th Avenue, Belleview, FL 34420
9-127.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7425 SE Hwy 42 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$1,290,000
2480%
MLS
12/04/1998
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Mpi Real Estate Services

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7425 SE Highway 42, Summerfield, FL 34491 (MLS# OM730447) is a Lots/Land property with a lot size of 9.4 acres. 7425 SE Highway 42 is currently listed for $1,290,000 and was received on August 14, 2026. 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.

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