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Ocala Multifamily Development Opportunity

2917 NE 3RD STREET Ocala, FL 34470

2917 NE 3RD STREET, Ocala, FL, 34470
$1,299,000
For Sale
$1,299,000

Land - OCALA, FL

Lot Size3.38 Acres
Days on Market295

Property Features for 2917 NE 3RD STREET

General Information

Property type
Land
Property subtype
Other
Zoning
R3
Exterior features
Level
Standard status
Active
APN
28122-000-00
Lot size
3.38 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3705

Building Details

Architectural style
Other
Listing Agency COLDWELL BANKER ELLISON REALTY O
2226 E Silver Springs Blvd, Ocala, FL
Listed by Christopher Swor LLC · License #3243765
Added: Sep 29, 2025 Updated: Dec 31, 2025 at 8:22 pm Checked: Jul 20 at 7:06 pm
MLS# OM710781 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This 3.38-acre vacant land is located within Ocala's city limits and is zoned R3. It is currently approved for 12 units per acre, with the possibility of up to 18 units per acre with an applied variance. The property is suitable for townhomes, duplexes to quads, a small apartment complex, or a senior living facility. City water and sewer are readily available on site. The property is located directly across the boulevard from the Ocala Golf Club and is just minutes from the downtown Ocala Square. This property presents a strategic investment opportunity for developers and investors due to Ocala's growth and increasing demand for housing.

Key Highlights

  • Prime 3.38‑acre R3‑zoned property ideal for multifamily development.
  • Approved for 12 units per acre, with potential for up to 18 with variance.
  • Flexible development options: townhomes, duplexes, quads, apartments, or senior living.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Land - 3.38-acre R3-zoned land approved for multifamily development.
Where is this land located?
The property is located at 2917 NE 3RD STREET Ocala, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Prime 3.38‑acre R3‑zoned property ideal for multifamily development.; Approved for 12 units per acre, with potential for up to 18 with variance.; Flexible development options: townhomes, duplexes, quads, apartments, or senior living.
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