Property
Beds
3
Full Baths
1
1/2 Baths
1
Year Built
1941
Sq.Footage
1,686
Discover a prime development opportunity in the heart of highly desirable Southeast Ocala! This expansive 0.56-acre lot, zoned R-3, presents a rare chance to create a multi-family residential project in a vibrant, sought-after community. Ideally situated, the property is perfect for investors or developers looking to capitalize on Ocala’s growing real estate market. The existing house on the lot is ready for demolition, offering a blank canvas to build up to 10 multi-family units within the city limits of Ocala, subject to city approvals. The R-3 zoning allows for flexible development options, making this one of the best lots available for multi-family construction in the area. Its generous size and prime location on E Fort King St provide easy access to downtown Ocala, local amenities, schools, and major roadways, enhancing its appeal for future residents. Don’t miss this exceptional opportunity to develop a high-demand property in one of Ocala’s most coveted neighborhoods. Act now to transform this lot into a thriving multi-family community!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Lighting
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.56
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$320,000
-
Tax Amount
6107.98
-
Sq. Footage
1, 686
-
Price/SqFt
$189
HOA
-
Association
NO
School District
-
Elementary School
Eighth Street Elem. School
-
Middle School
Osceola Middle School
-
High School
Forest High School
Property Features
-
Stories
1
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
None
-
Tax Lot
3
-
Water Source
Public
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Location
County
Marion
Elementary School
Eighth Street Elem. School
Middle School
Osceola Middle School
High School
Forest High School
Listing Courtesy of Don Kay, Jr , CENTRAL FLORIDA REALTY
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