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7TH LOOP LOT 32, Silver Springs, FL, 34488

--beds
0baths
--sqft
$37,000
--price/sqft
$422/moest. monthly cost
$16,880/yrincome needed

About This Home

BEAUTIFUL BUILDABLE LAKE LOT in the Trails East gated community located in the Ocala National Forest. Community offers lake access to gorgeous Lake Waldena, pavilion and many other amenities! Build your dream house and enjoy! Community has Water and Sewer which is a Saving of almost $20,000. This is a steal with the Water and Sewer savings. Also, Lot to the Left is available for a double lot.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
2/10
Lake Weir High SchoolGrades 9-128.5 mi

Construction

Type & Style

  • Home type: Cooperative
  • Property subType: Stock Cooperative,Unimproved Land

Property

Details

  • Parcel number: 3198200132
  • Zoning: R2
  • Special condition: None

Features

  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Privileges

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 72 x 103

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hurricane
Lightning
Wildfire
Cold Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $187$2,244
Home Insurance *$16$192
Property Taxes $22$264
Electricity $197$2,366
Total$422$5,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$14,468/yr
40% on housing$12,660/yr
45% on housing$11,253/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 34488$117
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34488$173
Marion County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-20Price change$37,000
2026-03-31Price change$38,000
2025-12-09Price change$45,000
2025-10-21Listed for sale$48,000
2025-10-01Listing removed$48,000
2025-08-29Price change$48,000
2025-06-25Price change$48,500
2025-05-12Price change$49,000
2025-02-13Price change$50,000
2024-08-30Listed for sale$60,000

For Sale by Agent

AgentThomas Storey
BrokerageSUN REALTY & ASSOC

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