16842 Spring StreetWhite Springs, FL 32096Price: $136,500

$5,000 Down Payment Assistance for a ratified agreement on or before 7/31/26 For under $140,000 you can own a property that offers far more than just a home. Residential and commercial zoning, room for future expansion, and endless possibilities for living, working, or investing make this one of the most versatile opportunities on the market. Qualified buyers may also be eligible for low down payment financing and down payment assistance programs that could make homeownership more attainable than you think. Ask your lender what options are available. Welcome to 16842 Spring Street--an updated home on a large, fully usable lot in one of North Florida's most welcoming small towns. Set directly across from the city park, your front view is open green space, mature trees, and everyday neighborhood life--kids playing, neighbors out walking, and a setting that feels peaceful and connected from the moment you arrive. Inside, nearly every major improvement has been completed within the past 2½ years, including a metal roof, energy-efficient windows, updated electrical, new appliances, new flooring, fresh interior paint, a termite bond, and foundation improvements--giving you the confidence of a move-in ready home with minimal immediate maintenance. The opportunity extends well beyond the home itself. The fully fenced ¼-acre lot offers exceptional flexibility with plenty of room for a future Accessory Dwelling Unit (ADU) or second residence (buyer to verify), plus space for a garage, workshop, pool, RV, boat, or additional parking. An oversized drive gate makes access easy. The property's residential and commercial zoning creates possibilities rarely found at this price. Live here full-time, operate a small business, create a live/work setup, or explore future income opportunities. The home previously operated as a flower shop, demonstrating its flexibility for a variety of uses. The location adds even more value. Situated between Stephen Foster Folk Culture Center State Park and Big Shoals State Park, and just minutes from the Suwannee River, the area attracts visitors year-round for kayaking, fishing, hiking, cycling events, festivals, and outdoor recreation--making it an attractive option for both homeowners and investors. Whether you're searching for your first home, a weekend getaway, a business location, or an investment with room to grow, 16842 Spring Street delivers exceptional versatility at an affordable price. Properties offering this combination of updates, flexible zoning, expansion potential, and value under $140,000 are becoming increasingly difficult to find. The seller is motivated--bring your offer and discover the possibilities waiting for you at 16842 Spring Street.