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Property profile

18434 24Th St Silver Springs, FL 34488

OFF-MARKET
Residential income homes
Property ID
US18-8895132
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Property summary

AI-generated overview

Exceptional investment opportunity: a three-home multi-family estate spanning 68.27 acres in Silver Springs, Florida, is now available for $625,000. This unique property comprises three distinct parcels. Parcel 1, a 1,890 sq ft "Ranch House" built in 1979, features two bedrooms, one bathroom, a covered porch, newer HVAC, and two garages (20'x20' and 25'x37'). This parcel, encompassing 57.88 acres, is zoned for improved residential use and boasts city water/septic/Clay electric, along with hiking trails, fishing ponds, prime hunting areas, and even a landing strip for small aircraft. Parcel 2, a 0.39-acre lot, includes a 1,740 sq ft "Farm House" (a 2-bedroom, 2-bathroom mobile home built in 1966) and a 367 sq ft studio cottage with a bedroom, kitchen, and bathroom. This parcel also utilizes city water/septic/Clay electric. Finally, Parcel 3 offers 10 acres of land zoned for acreage/non-classified use, featuring a horse paddock and corral, and partially cleared with established hiking and vehicle access paths. The APNs for these parcels are 3287-101-002, 032871-101-991, and 032897-001-02 respectively. This property presents a rare chance to acquire a substantial land holding with established rental income potential in a desirable Florida location. Please schedule an appointment before visiting the property.

Property profile

Verified
Property type Residential income homes
UPID US18-8895132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18434 24Th St Silver Springs, FL 34488
Silver Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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