INNOVATE Real Estate
Land at 10951 E HIGHWAY 40, SILVER SPRINGS
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18 photos

$499,900

10951 E HIGHWAY 40
SILVER SPRINGS, FL 34488
Listed by Barrett Spray · KELLER WILLIAMS ADVANTAGE REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Prime vacant land in rapidly growing Silver Springs in Marion County Hwy 40 is slated to become a 4 lane road as per FDOT in the coming years. Project is slated but start date unknown. Currently zoned as 4.82 acres of B4 Heavy commercial and 3.58 Acres of A1.

Property details

MLS
Stellar MLS
MLS #
MFRO6321633
Property type
Land
Subdivision
N/A
Status
Active
Days on market
266
On market date
June 25, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
8.4 acres

Location

Get directions →
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
EAST MARION ELEMENTARY SCHOOL
3.78 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
608
Student:teacher ratio
17.4:1
District
MARION
MiddleCharter
OCALI CHARTER MIDDLE SCHOOL
8.11 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
201
Student:teacher ratio
15.5:1
District
MARION
High
SILVER RIVER MENTORING AND INSTRUCTION
7.14 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
193
Student:teacher ratio
38.6:1
District
MARION

Walkability

Blended score for SILVER SPRINGS's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in SILVER SPRINGS, from live MLS data.

On the market 266 days -- 103 more days than SILVER SPRINGS's current average of 163 days.
For reference, the median list price across 189 active listings in SILVER SPRINGS right now is $95,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,160/mo
$99,980 down
$399,920 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated March 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.