City of Ocala - 3.4 acres Multifamily Vacant Land
Land | 3.38 acres
Marketing description
Location, Location, Location! Prime 3.38-Acre R3-Zoned Property in Ocala City Limits - Multifamily Ready! Unlock the potential of this rare vacant tract located within Ocala's city limits, zoned R3 and currently approved for 12 units per acre, with the possibility of up to 18 units per acre, with applied variance. Whether you're planning townhomes, duplex to quads, small apartment complex or senior living facility, this property offers the flexibility to make your vision a reality. Located directly across the Blvd from Ocala Golf Club, and just minutes to the downtown Ocala Square, this property provides the perfect setting for your next multifamily development. City Water and Sewer readily available on site. With Ocala's growth trajectory and increasing demand for housing, this parcel is a strategic investment for developers and investors alike. Property is located in an Opportunity Zone. Don't miss your chance to secure a high-potential property in one of Central Florida's fastest growing markets!
Investment highlights
Zoned R-3 Ideal for multifamily development, senior living facility, etc
3.38 Acres approved for 40 units - more units available with City approval
Located in Ocala City Limits, with water, sewer, and electric readily available
Located in Opportunity Zone
Ocala recently ranked 5th in the nation for "Fastest Growing Communities" with strong rental growth, and high demand for new housing
Nearby amenities including Ocala Golf Club across the street, WEC (World Equestrian Center) within 10-15 minutes, and the downtown Ocala Square within 5 minutes. Nature abounds with a short 15-20 minute drive to the Ocala National Forest for hiking, springs for swimming and canoeing, and so much more
Ocala has proven its strong growth potential with its Central Location to Orlando to the South, Tampa to SW, Gainesville to the North, and Daytona Beach to the East. All within 1 -1.5 hrs drive
Excellent investment opportunity
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