Commercial Sale · Assembly Building
1990 SE HIGHWAY 42 UNIT 1, SUMMERFIELD, FL, 34491
Active15 days on marketListed Jul 17, 2026MLS #TB8525218
About this property
The property at a glance
GROWING CHURCH? STOP RENTING AND START BUILDING YOUR FUTURE! Exceptional opportunity to acquire an established church campus on 3.76 acres in Summerfield, FL. Sale includes two contiguous parcels being sold together and approximately 20,186± SF across multiple buildings, including a 4,404 SF sanctuary with seating for approximately 300 and functioning HVAC, a 7,076 SF gymnasium with kitchen, 4,176 SF fellowship hall with kitchen and restrooms, two classroom/office buildings totaling approximately 3,230 SF, and a 1,300 SF parsonage. Several supporting buildings would benefit from renovation, allowing a new owner to add value over time while beginning worship services immediately in the existing sanctuary. Building a comparable campus today would require years of planning and millions in construction costs. Ideal for a growing congregation, church plant, Christian school, daycare, or faith-based organization. Seller may consider Lease-to-Own for qualified organizations.
20,186
Building sq ft
$62
Price / sq ft
3.76
Lot acres
1982
Year built
5
Buildings
A1
Zoning
Assembly Building
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$6,927/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
The area
Who's around this property
32,369
Population
$65,900
Median income
54.4
Median age
2.3
Avg household
$253,100
Median home value
$1,102/mo
Median rent
2,632
Households w/ kids
Recent sales
What actually sold near 1990 SE HIGHWAY 42 UNIT 1
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,250,000
13595 SE 31ST AVENUE
22,175 sqft · $101/sqft · Sold Oct 10, 2025
$273,861
13595 SE 31ST AVENUE
22,175 sqft · $12/sqft · Sold Dec 15, 2025
$1,090,000
1150 SE HIGHWAY 484
7,200 sqft · $151/sqft · Sold Oct 2, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1990 SE HIGHWAY 42 UNIT 1 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1990 SE HIGHWAY 42 UNIT 1.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX REALTY UNLIMITED · Marijean Reith. MLS #TB8525218.
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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