17873 E HIGHWAY 40, SILVER SPRINGS, FL, 34488
Active73 days on marketListed May 13, 2026MLS #G5112338
About this home
17873 E HIGHWAY 40
OWNER FINANCING AVAILABLE!!! Priced below appraisal, discover a unique opportunity in Silver Springs with this exceptional 1.60-acre with additional potential parcel is currently used as residential property zoned B4 for commercial use. Live in the home while you also have a business on the property.This unique property is located on a busy highway(great for business) and is priced below appraisal. There is newly added pavement by garage and cleared the land to the lake. There are more lots connected to property can be included if needed. This property offers the perfect blend of residential comfort and commercial potential. Key Features: Versatile Zoning: B4 zoning allows for both residential living and commercial ventures, providing endless possibilities. Expansive Land: Enjoy prime real estate, with the option to purchase additional land. Strategic Location: Benefit from the planned expansion of SR 40, including widening and bike paths, increasing property value and accessibility. High Demand: The area is experiencing rapid growth, with a new Tractor Supply recently built and a strong need for additional businesses. Outdoor Oasis: Relax and enjoy the serene beauty of lakefront living, perfect for outdoor activities and recreation. Convenient Location: Located within 30 minutes of four major springs (Silver Springs, Juniper, Alexander, and Silver Glens) and a short drive to Ormond Beach and Daytona Beach, offering easy access to a variety of attractions. Modern Upgrades: This remodeled home features a roof placed in 2022 and modern amenities, providing a comfortable and inviting living space. Don't miss this rare opportunity to own a property with both residential and commercial potential. What are your business plans? Owner/agent
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,943
Sqft
1.6 ac
Lot size
2
Garage
1984
Year built
One
Levels
$164
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,472 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,472/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+17.3%
$/sqft vs Silver Springs actives
$164 vs $153
Days on market
73 vs 53 typical
Where $164/sqft sits among the 59 Silver Springs actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Silver Springs
Get to know Silver Springs. See the full Silver Springs guide →
SILVER SPRINGS 34488 — neighborhood snapshot
Population
11,525
Median age
45.8
Median income
$45,239
Median home value
$75,300
Avg household
2.27
Households w/ children
1,214
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Silver Springs market
$148K → $120K
Silver Springs median sold, yr/yr
94.6%
Sale-to-list ratio (12 mo)
23 of 59
Silver Springs actives have cut their price
Median sold price, Silver Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 219% above the SILVER SPRINGS 34488 median. See the full Silver Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 17873 E HIGHWAY 40
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$120,000
2200 SE 172ND AVENUE
3 bd · 2 ba · 1,880 sqft · $64/sqft · 157 DOM
Sold · Oct ’25$159,000
17440 SE 24TH LANE ROAD
3 bd · 2 ba · 1,822 sqft · $87/sqft · 116 DOM
Sold · Oct ’25$225,000
2151 SE 177TH AVENUE
3 bd · 2.5 ba · 1,798 sqft · $125/sqft · 106 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 17873 E HIGHWAY 40 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 17873 E HIGHWAY 40 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
17873 E HIGHWAY 40 FAQs
What would the monthly payment be for 17873 E HIGHWAY 40?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,472/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 17873 E HIGHWAY 40?+
The most recent tax bill on record (2025) was $3,519. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Silver Springs?+
At $319,000, this home is listed about 45% above the Silver Springs median of $220,000. The market section on this page shows how the area is trending.
Which schools are assigned to 17873 E HIGHWAY 40?+
East Marion Elementary School (elementary), Lake Weir High School (high), Fort McCoy School (elementary) — Marion County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$319,000 runs 219% above the SILVER SPRINGS 34488 median — but at 1,943 sqft it's also 48% larger than the typical Silver Springs listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $339,000, now $319,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Veronica Jauregui. MLS #G5112338.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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