For Sale
$975,000
8600 NE 147TH AVENUE Road, Silver Springs, FL 34488
Commercial Sale, SILVER SPRINGS, FL
Property Size2,508 SF
Lot Size9.78 Acres
Price / SF$388.76
Days on Market156
Property Features for 8600 NE 147TH AVENUE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
A1
Window features
ENERGY STAR Qualified WIndows
Appliances
Dishwasher, Refrigerator
Lot features
Landscaped, Oversized Lot, Rural, Waterfront, Zoned for Horses
View
Lake
Directions
NE on Salt Springs Highway, Left on NE 147th Avenue Rd, Driveway will be on your left
Subdivision
34488 - Silver Springs
Standard status
Active
APN
16510-000-00
Size
2,508 SF
Lot size
9.78 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 17 TWP 14 RGE 24 S 187 YDS OF W 253 YDS OF SE 1/4 OF NW 1/4
Tax Annual Amount
3552
Legal Description
SEC 17 TWP 14 RGE 24 S 187 YDS OF W 253 YDS OF SE 1/4 OF NW 1/4
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water front features
Lake Front
Water front
1
Building Details
Year built
2008
Floors in Building
1
Flooring type
Tile - Ceramic, Carpet
Building materials
Concrete, Stone, Wood Siding
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
RE/MAX TOWN & COUNTRY REALTY · RE/MAX International
(407) 695-2066
Listed By:
Victoria Myers · License #3382402
(407) 401-3249
Added: May 7
Changed: Sep 29
Last Checked: Oct 9 at 9:06AM
MLS# O6405619
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,448
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,960
$729.0K
Cap Rate 7%
$520,686
$520.7K
Cap Rate 9%
$404,978
$405.0K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$70.7K $28.20/SF
− Vacancy
−$4.5K −$1.78/SF
EGI
$66.3K $26.42/SF
− OpEx
−$29.8K −$11.89/SF
NOI
$36.4K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,960
Cap Rate 7%
$520,686
Cap Rate 9%
$404,978
Alternative Uses
Best Use
Apartment 5plus
$520.7K
$455.6K – $607.5K
NOI $36,448 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,869 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 34488, FL
11,392
Population
6,816
Households
1.7
Avg Household Size
52
Median Age
19%
College-Educated
87%
High-School Grad
85.6 sq mi
ZIP Area
133
Density / Sq Mi
$45,239
Median Household Income
$29,074
Median Earnings
$1,098
Median Rent
$75,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Questions? Ask Rey
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Frequently Asked Questions
Where is this single family property located?
The property is located at 8600 NE 147TH AVENUE Road Silver Springs, FL.
What is the asking price?
The asking price for this property is $975,000.
