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Entitled Multifamily Development Land
For Sale
$3,960,000

SW 20 St, Ocala, FL 34474

Entitled development site with utilities and city water/sewer available for up to 360 multifamily units.

Property SizeContact for details
Lot Size14.58 Acres
Days on Market76

Property Features for SW 20 St

General Information

Standard status Active
Lot size 14.58 Acres
Property subtype Commercial
Zoning PD

Additional Details

Utilities to Site Yes
Multifamily Units 360

Taxes and HOA fees

Annual Taxes $45
Listing Agency: Compass Florida, LLC
Listed By: Ross M Kuflik · License #SL3333597
Source: Elliman
Added: Jun 15 Changed: Aug 8 Last Checked: Aug 28 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

Investment Insights

Based on property information with market context.

This is an entitled multifamily development land opportunity with capacity for up to 360 units. The property is configured as Phase 1 of a larger 40-acre master-planned destination and is presented as “ready-to-vertical,” with entitlements and utilities in place. City water and sewer are available, and an off-site drainage arrangement is already secured. A traffic study has also been completed, supporting the planned development process. The site is identified as zoned PD.

Located in Ocala, Florida at SW 20 St (Ocala, FL 34474), the property is described as positioned across from Carlton Arms and minutes from the College of Central Florida, regional hospitals, and major logistics hubs. The remarks also note proximity to Ocala International Airport and the Ocala Breeders Pavilion facility, along with a claim that the World Equestrian Center is less than 10 minutes away.

For developers and investors looking for a land basis with entitlements and utilities already addressed, this Phase 1 parcel offers a clear path for proceeding with multifamily construction within the planned master development framework. The combination of PD entitlements, city water/sewer availability, and secured off-site drainage is intended to reduce early horizontal work and help streamline initial permitting and design steps.

Key Highlights

  • 14.58‑acre Phase 1 site within a 40‑acre master‑planned destination in Ocala for up to 360 multifamily units
  • Zoned PD with entitlements in place for up to 360 units, with utilities included
  • City water and sewer available for the multifamily development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Spa & Massage Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

360
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

Demographics for 34474, FL

17,781
Population
9,207
Households
1.9
Avg Household Size
41
Median Age
31%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
847
Density / Sq Mi
$62,150
Median Household Income
$36,422
Median Earnings
$1,605
Median Rent
$177,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Entitled development site with utilities and city water/sewer available for up to 360 multifamily units.
Where is this residential land & home lot located?
The property is located at SW 20 St Ocala, FL.
What is the asking price?
The asking price for this property is $3,960,000.
What are key features of this property?
This property features: 14.58‑acre Phase 1 site within a 40‑acre master‑planned destination in Ocala for up to 360 multifamily units; Zoned PD with entitlements in place for up to 360 units, with utilities included; City water and sewer available for the multifamily development
More about this property
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