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$ 1,500,000
Est. payment | /mo
3.38 Acres Lot
$ 1,500,000
Est. payment | /mo
3.38 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Silverland
MLS Listing ID O6248606
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $2,623
Lot Size 3.380 Acres
Acres 3.38
Lot Dimensions 275x680
Property Description
Discover a rare and valuable investment opportunity in the heart of Ocala. This expansive, high-density R3 development site offers one of the last large parcels available within city limits, making it a prime choice for developers looking to create a high-impact residential project. Perfectly positioned just off SR40, this level lot is directly opposite the Ocala City Golf Course, offering access from both NE 3rd and NE 7th Streets. With Downtown Ocala only minutes away and the Silver Springs Theme Park just 2 miles down the road, the location is truly unbeatable. The land's topography is flat with a shallow slope for excellent drainage, and soil borings have been completed and cleared, providing a strong foundation for any project. Essential utilities are already in place, including a sewage manhole on the site, which simplifies the development process. This property has a potential of 60 units based on the architectural plan, see photos for reference. The seller has met with a city planner who indicated that it should be possible for a developer to submit a case to increase the number of units to 60 on the current acreage. An additional 3/4 acre lot adjacent to the property is also available for separate negotiation. This is a rare chance for developers to acquire this premium parcel. Don't miss out on the opportunity to create a legacy project in one of Ocala's most desirable locations. Contact us today to explore all the possibilities this exceptional property has to offer.
Location
State FL
County Marion
Community Silverland
Zoning R3
Exterior
Utilities Available Electrical Nearby, Water Nearby
Building
Lot Size Range 2 to less than 5
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by KELLER WILLIAMS ADVANTAGE REALTY
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