Price Reduction - Seller Financing
Address
Sw 20th St, OCALA, FL
Price
$ 2,844,000
Property Attributes
  • MLS#T3517704
  • TypeLand
  • CountyMARION
  • CityOCALA
  • AreaOcala
  • Zip34474
  • Style
  • Taxes$ 29
  • Price$ 2,844,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size14.58 Acres
Data Source:
Stellar MLS
Property Description

Owner financing is available with good Terms!!! Great Land opportunity for Investors, Home builders and developers, 14.58 MOL acres of vacant High and Dry land entitled for up to 360 multifamily units, Centrally located nearby Ocala International Airport and all the attractions. This is Phase 1 of a PD (Planned Development) with entitlements for up to 900 multifamily units and 75,000 SF of commercial space, on a total of 40 acres (There are 3 phases, Phase one 360 units, Phase two 360 units, and phase three 180 units plus 75,000 SF of commercial space). The property is located in the core growth corridor of Ocala and is across the street from the 860 unit Carlton Arms apartments. Within a two mile radius are hundreds of companies, many national retail stores, and elementary school and state college. Planned development approved by City of Ocala. Approved Site plan and traffic study by the city. Surveyed Property and paid Impact fees. Booming area, there are several new big projects nearby, New hospital, there is a $800 millions convention center just 1.5 mile away, Luxury apartment's (google: Canterbury circle apt in Ocala) and more... Excellent connections to State Road 200 (Southwest College Road). It provides access to downtown Ocala as well as Interstate Highway 75 to the east/northeast, US Highway 441/301/27, Interstate 75 is located approximately 1/2 mile east of the subject property. Call for more details.

Price History
4/9/2024 Listed $3,375,000
5/17/2024 16% - $2,844,000

General Features

Sewer Public Sewer
Utilities Public,Sewer Available,Water Available
Zoning R4
Tax Year 2023
Current Use Multi-Family
Percent Ownership Fee Simple
County Marion
Property Type Land
Facing Direction West
Status Active
Directions South of highway 40,drive south on SW 60th Ave,and turn left onto SW 20th Street. The subject property is on the right side of the road,just west of SW 53rd Ave.
City OCALA
Buyer Agent Compensation 1.5%-$450
MLS Area 34474 - Ocala
Lot Size Square Feet 635105
Waterfront Y/N No
Street Name Sw 20th St
Listing Terms Cash,Owner May Carry
Tax Annual Amount 29.96
Public Remarks Owner financing is available with good Terms!!! Great Land opportunity for Investors,Home builders and developers,14.58 MOL acres of vacant High and Dry land entitled for up to 360 multifamily units,
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3517704
Days on Market 38
Standard Status Active
Legal Description SEC 28 TWP 15 RGE 21COM AT THE SW COR OF E 1/2 OF SW 1/4 OF SE 1/4 OF SEC 21 TH S 00-29-59 W 362.64 FT TH S 00-29-59 W 962 FT TH N 89-25-35 W 660.36 FT TH N 00-31-29 E 962 FT TH S 89-25-35 E 659.94 F
Water Access Y/N No
Water View Y/N No

Interior Features

Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 14.58
Lot Dimensions 659.94' by 660.36'
Lot Size Acres 14.58
Road Surface Type Paved
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34474

Price
AVG $2.08M
$2.84M
Visits
AVG 418
233
Data Provided by Inside Real Estate®

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