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    1650 NW 7Th St Ocala, FL 34475

    For Sale
    $609,900

    Land - OCALA, FL

    Lot size:
    1.00 Acre
    Days on Market:
    292
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 1650 NW 7Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    APN
    22583-000-00
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    LPT Realty, LLC. (877) 366-2213 [email protected]

    Listing agent Gea Gomez (877) 366-2213 License #3247541

    Listing date Feb 19, 2025

    MLS# O6276280 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Townhome Development Opportunity

    This cleared and surveyed lot is fully approved by the Ocala City Zoning and Building Department for an 11-unit townhome development. Civil engineering and architectural plans are included, allowing for immediate permit acquisition and construction commencement. The approved floor plans detail modern, two-story townhomes, each featuring 3 bedrooms, 2.5 bathrooms, and a garage, with unit sizes ranging from 1,400 to 1,405 sq. ft. The townhomes are designed with open-concept living spaces and contemporary finishes. Situated in a high-demand area, the development benefits from proximity to highways, shopping centers, restaurants, and other key amenities. This location is intended to be advantageous for attracting both buyers and renters. This pre-approved project presents an opportunity for investors or builders seeking a turnkey development. Joint venture options are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.154169
    Latitude
    29.192991

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    FAQs

    What type of property is this?
    Residential land & home lot - Cleared, surveyed lot approved for 11-unit townhome development in Ocala.
    Where is this residential land & home lot located?
    The property is located at 1650 NW 7Th St Ocala, FL.
    What is the asking price?
    The asking price for this property is $609,900.
    What are key features of this property?
    This property features: - Fully approved for an 11-unit townhome development.; - Includes civil engineering and architectural plans, ready for permit application.; - Approved floor plans feature modern, two-story townhomes with 3 bedrooms, 2.5 bathrooms, and a garage.
    (877) 366-2213
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    1650 NW 7Th St Ocala, FL 34475
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    Ocala, FL 34475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1650 NW 7Th St Ocala, FL 34475
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