LOT SIZE 22.870 acres
MLS#OM729688
STATUSActive
PROPERTY TYPELand - Multiple
Property Description
OPPORTUNITY ZONE Rarely does the market present 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.
Property Features
Property Type: Land - Multiple
Lot Size: 22.87 Acres
Taxes: $33,376
Feature Descriptions
Days on Site: 8
Directions: From South Pine Avenue, turn left onto NW 10th Street, turn right onto NW 16th Ave, turn left onto NW 21st Ave. The community of West Oak is located next to the Ocala Wetlands Park.
Flood Zone Code: X
Home Warranty Y/N: No
Lot Dimensions: 22.87
Ownership: Other
Property Attached Y/N: No
Road Frontage: 0
Sewer: Public Sewer
Showing Instructions: Call Owner
Special Sale Provisions: None
Utilities: Cable Available, Electrical Nearby, Phone Available, Sewer Nearby, Water Nearby
Water: Public
Water Access Y/N: No
Zoning: PD
Listed By / Shown By
Listed By
Agency Name: LINDA SIEMENS REALTY, LLC
Agency Contact: 352-427-1501
Shown By
Agency Title: Robb Harrison Realty, Inc.
Agency Phone: (352) 877-2790
Estimate Your Payment
Estimated Payment
$ 95,359.96 per month $88,203.62 Principal & Interest $2,781.33 Property Tax $4,375.00 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
Jennifer Leeds
Wow!!! The best
I really want to thank you Robb for having such a great I mean fabulous agent. She was totally on top of everything. I never didn't know what was going on. She walked me thru every step and held my hand . She was never rushed or made me feel like I was a bother (and believe me I can be). Working with Robb was great. He always responded immediately. If something in the home needed to be done he was right there with a solution. Everything he said he did. I just loved Jennifer. Thanks so much for putting me in her hands.
— K Davis
— K Davis
2595 NW 21st Ave | MLS# OM729688
This land located at 2595 NW 21st Ave, Ocala, FL 34475 is currently listed for sale with an asking price of $15,000,000. The property has approximately 22.87 Acres. Search Ocala real estate on www.robbharrison.com today.