$15,000,000
Active · 0 days on market · MLS# MFROM729688
| Lot size | 22.87 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $33,376 |
| County | Marion |
Rarely does the market offer three contiguous, fully entitled multifamily parcels ready for vertical development - but that's exactly what's available along NW 27th Avenue in Ocala's fast-growing West Oak Community. Each of these three parcels is approved for 250 multifamily units, for a combined 750 units of in-demand rental housing, situated within one of the region's most active growth corridors and inside a federally designated Opportunity Zone. Each parcel is offered at an asking price of $5,000,000.00. West Oak itself is a 200-acre master-planned community, entitled for up to 2,300 residential units - a mix of apartments, townhomes, and single-family homes - anchored by retail and an amenity center. Multifamily and single-family products elsewhere in the community are already delivering, giving investors and builders a proven, active market to step directly into.
Listing courtesy of Linda Siemens, LINDA SIEMENS REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.