Multifamily Development Land For 360 Units
14.58 Acres
Marketing description
For registration requirements and regulations, please review here or contact Blake Batula | 916.380.7406 | [email protected].
Multifamily Development Alpha: 360-Unit "Ready-to-Vertical" Opportunity
"Unlock 360 Units in Florida’s Core Growth Corridor: An Entitled, Utilities-Ready Powerhouse for 2026 Delivery."
Stop searching for raw land and start building. This isn’t just a parcel; it’s Phase 1 of a 40-acre master-planned destination in Ocala—recently ranked among the Top 10 Metros for Future Job Growth for five consecutive years. With off-site drainage already secured, every square inch of this 14.58-acre site is engineered for maximum yield and immediate vertical progression.
Why Ocala? The 2026 Growth Narrative
Ocala is no longer a "sleeper" market; in 2026, it is a primary industrial and healthcare hub. With a 2.22% annual population growth rate and a workforce shed exceeding 200,000, the demand for workforce and luxury apartments is at an all-time high.
Employment Synergy: Across from Carlton Arms and minutes from the College of Central Florida, regional hospitals, and major logistics hubs.
Affluence Factor: Boasting an average household income of $82,649 within a 1-mile radius, this submarket supports premium rental rates.
Reduced Capex: The off-site drainage agreement significantly lowers your horizontal development costs and simplifies the permitting timeline.
The 1031 Exchange Alert
Time is your only enemy. If you are facing a 1031 Exchange deadline, this property is the perfect "Safe Harbor" asset.
Speed to Market: Zoned PD with entitlements and utilities in place.
Irreplaceable Location: Positioned in a high-barrier growth corridor where entitled land is disappearing.
Secure the First 360 Units Before the Window Closes.
High-inventory absorption in Ocala means this Phase 1 opportunity will not last. This is the "Clean Slate" development that institutional investors crave.
· Non-Contingent
· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
· $10,000 Participation Deposit
APN #23320-005-26, Ocala, FL 34474
Investment highlights
Entitled For Up to 360 Units
City Water and Sewer available
High Growth Market
Close to Many Employers
Close to 6 Hospitals and Healthcare Facilities
Close to Ocala International Airport
Close to Ocala Breeders Pavillion Facility
Less Than 10 Minutes from World Equestrian Center
Traffic Study Completed
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