Back Spruce Terrace
Off Market

Spruce Terrace

Ocala FL 34472

10890 sq. ft.
Land
Last sold for $29,450
Asher AbadiAsher Abadi, last sold this property on 23 September 2025 after 572 days on market.

Overview

Situated in the heart of Silver Springs Shores this lot measures 97 by 114 feet.. Located outside the flood zone, with no wetlands or protected species on site, this lot is shovel-ready and primed for development. Silver Spring Shores is located southeast of downtown Ocala and near I-75 and 441 for easy access to the Orlando suburbs. Ocala has plenty to do for nature lovers including natural springs, state forests, mudding and biking trails. Silver Spring Shores is exploding with development due to low housing prices and cheap land. Walmart and shops are just 10 minutes away. Silver Springs Shores, one of the largest artesian spring formations in the world, is just 10 minutes away. Just 20 minutes to downtown Ocala, and 1 hour to downtown Orlando.

Features

10890 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Ocala over the last 12 months, the estimated median property value of Spruce Terrace is $30k.

Median value
$30k
Estimated value range
$10.5k - $4.65m
Median days on market
40
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ocala. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Spruce Terrace

2025
Sold
$29,450
23 Sep 2025 by Asher Abadi, of UDI LLC
2021
Sold
$18,000
01 Jul 2021 by Todd Fambrough, of HOMERUN REALTY, LLC
2020
Sold
$12,000
23 Nov 2020 by Frank Falbo, of Better Homes Rty Majestic Prop

Happy sellers in Ocala

87%
87% of sellers in Ocala reported that their sale price either exceeded or met their price expectations.

Ocala stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Ocala over the last 12 months.

Local market activity for land plots in Ocala

In the last 12 months, 150 land plots similar to Spruce Terrace, have been sold.

This represents a 44% increase in land plots sales when compared to the previous 12 months.

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