Ocala Multifamily Development
For Sale
$139,000
marion oaks Boulevard, Ocala, FL 34473
LAND - Ocala, FL
Property SizeContact for details
Lot Size0.56 Acres
Days on Market180
Property Features for marion oaks Boulevard
General Information
Property type
Land
Property subtype
Other
Zoning
PD
Subdivision
Not on List
Lot features
Trees
Directions
From Orlando, take Florida's Turnpike north, then merge onto I-75 North. Take Exit 341 toward Marion Oaks (Marion Oaks Blvd), continue on Marion Oaks Blvd and turn onto SW 162nd Loop. The lot is located between Marion Oaks Blvd and SW 162nd Loop.
Standard status
Active
APN
1658543000
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 26 TWP 17 RGE 21 PLAT BOOK O PAGE 053 MARION OAKS UNIT 4 BLK 435 LOT 15
Tax Annual Amount
465
Legal Description
SEC 26 TWP 17 RGE 21 PLAT BOOK O PAGE 053 MARION OAKS UNIT 4 BLK 435 LOT 15
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Cristina Osorio Norena · License #3518871
(407) 879-5067
Added: Feb 11
Changed: Jul 28
Last Checked: Aug 10 at 12:06PM
MLS# 852253
Copyright © 2026 REALTORS Association of Citrus County, Inc. 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 0.56-acre parcel of land in Ocala, Florida, presents a multifamily development opportunity. Zoned PD, the county allows for the construction of up to 12 units, with a maximum height of three stories. The site will require city water and sewer connections. The area exhibits strong rental demand, with average rents for 2-bedroom, 2-bath units around $1,500 per month. At full capacity, the 12 units could potentially generate approximately $18,000 per month, or about $216,000 annually, in gross rental income. This property is positioned for cash flow and long-term appreciation within a growing market, making it an ideal project for investors interested in high-return multifamily development.
Key Highlights
- Multifamily development opportunity: County allows up to 12 units, up to three stories.
- High gross rental income potential: Approximately $216,000 annually at full capacity.
- Strong rental demand in the area: Average rents for 2‑bedroom, 2‑bath units are approximately $1,500 per month.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 34473, FL
21,548
Population
9,313
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
35.8 sq mi
ZIP Area
602
Density / Sq Mi
$70,559
Median Household Income
$36,474
Median Earnings
$1,406
Median Rent
$242,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land suitable for multifamily development in Ocala, Florida.
Where is this residential land & home lot located?
The property is located at marion oaks Boulevard Ocala, FL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Multifamily development opportunity: County allows up to 12 units, up to three stories.; High gross rental income potential: Approximately $216,000 annually at full capacity.; Strong rental demand in the area: Average rents for 2‑bedroom, 2‑bath units are approximately $1,500 per month.
