Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NE 117TH TERRACE Fort Mc Coy, FL 32134

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at NE 117TH TERRACE, Fort Mc Coy, FL
    For Sale
    Contact for pricing

    Land - FORT MC COY, FL

    Lot size:
    0.27 Acres
    Added:
    Jul 27, 2025
    Days on Market:
    282
    Last Refresh:
    May 4 at 4:06 am

    Property Features for NE 117TH TERRACE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R4
    Standard status
    Active
    APN
    0013-004-009
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    77.26

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Carmelo Luis-Camacho

    Listing agent Carmelo Luis-Camacho License #3605222

    Listing office PLATINUM HOMES AND LAND REALTY 1701 NE 42nd Ave Suite 201, Ocala, FL

    Listing date Jul 27, 2025

    MLS# OM706348 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.

    Overview

    Residential Lot Near Ocala Forest

    Located in Fort McCoy, Florida, this vacant residential lot offers a peaceful setting near the Ocala National Forest, Horseshoe Lake Park, Hawthorne, Palatka, Ocala, Gainesville, and Lake County. The 0.27-acre parcel is an excellent investment opportunity, suitable for building a future dream home. Its natural beauty makes it ideal for nature lovers or those seeking a weekend getaway. The property is zoned R4 and is located near parks and lakes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fort Mc Coy
    County
    Marion
    State
    Florida
    Longitude
    -81.965136
    Latitude
    29.485445

    Nearby Similar for Sale

    • $599,000
      912 SF

      Commercial Corner in Fort McCoy

      Commercial corner lot with road frontage in Fort McCoy, Florida.
      11471 E HIGHWAY 316, FORT MC COY, FL 32134
      View Details
    • $79,999

      Resort Lot in Salt Springs

      Deeded lot in gated Salt Springs Resort, Ocala National Forest.
      14415 252ND COURT ROAD NE, FORT MC COY, FL 32134
      View Details
    • $52,000

      Land Near Little Lake Kerr

      Deeded lot near Ocala National Forest and Little Lake Kerr.
      25163 NE 140TH LOOP NE, FORT MC COY, FL 32134
      View Details
    • $83,500

      Land in Salt Springs Resort

      Deeded lot in gated Salt Springs Resort, Ocala National Forest.
      14432 252ND COURT ROAD NE, FORT MC COY, FL 32134
      View Details
    • $53,000

      Land in Salt Springs Resort

      Deeded lot in a gated resort near Ocala National Forest.
      25188 NE 142ND PLACE, FORT MC COY, FL 32134
      View Details
    • $1,500,000
      3,540 SF

      Turnkey Resort on Ocklawaha River

      Fully operational outdoor hospitality business on nearly 8 acres.
      15260 NE 152ND PLACE, FORT MC COY, FL 32134
      View Details
    • $145,000

      Waterfront Land on Canal

      Land with canal access to freshwater lake for recreation.
      18625 NE 238th Terrace, Fort McCoy, FL 32134
      View Details
    • $50,000

      RV Lot in Salt Springs

      Deeded RV lot in gated Salt Springs Resort.
      25238 NE 144TH STREET, FORT MC COY, FL 32134
      View Details
    • $130,000

      Spacious Resort Lot in Florida

      Large deeded lot with amenities near Ocala and Daytona.
      14262 NE 252ND COURT ROAD, FORT MC COY, FL 32134
      View Details
    • $28,500

      Fort McCoy Land Near Mill Creek

      1.13-acre property backing to Mill Creek in Fort McCoy.
      0 NE 172ND PLACE, FORT MC COY, FL 32134
      View Details
    • $80,000

      Spacious RV Lot with Amenities

      Large RV lot with deck, shed, and resort amenities.
      14403 252ND COURT ROAD NE, FORT MC COY, FL 32134
      View Details
    • $35,000

      Treed Acres Near Eureka

      1.24-acre treed land near Ocklawaha River and Fort McCoy.
      Tbd NE 150 AVENUE, FORT MC COY, FL 32134
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant residential lot near Ocala National Forest, perfect for investment.
    Where is this residential land & home lot located?
    The property is located at NE 117TH TERRACE Fort Mc Coy, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Close proximity to the Ocala National Forest.; Located near Horseshoe Lake Park.; Convenient access to Hawthorne, Palatka, Ocala, Gainesville, and Lake County.
    (407) 371-7272
    We can help!
    Listing Contact
    Carmelo Luis-Camacho
    Real Estate License ID: 3605222
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    NE 117TH TERRACE, FORT MC COY, FL 32134

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!