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Ocala Multifamily Development Opportunity
For Sale
$1,299,000

2917 NE 3RD Street, Ocala, FL 34470

Land, OCALA, FL

Property SizeContact for details
Lot Size3.38 Acres
Days on Market340

Property Features for 2917 NE 3RD Street

General Information

Property type Land
Property subtype Other
Zoning R3
Subdivision SILVERLAND
Lot features Level, Near Golf Course, Near Public Transit
Directions Heading East on Silver Springs Blvd, go North on NE 25th Ave, to right on NE 3rd St. Property is on left directly across from access rd.
Standard status Active
APN 28122-000-00
Lot size 3.38 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SEC 15 TWP 15 RGE 22 PLAT BOOK B PAGE 246 SILVERLAND Block A lot 7 & 8, and lengthy legal PID #'s 28122-000-00 and 2781-001-007
Tax Annual Amount 3705
Legal Description SEC 15 TWP 15 RGE 22 PLAT BOOK B PAGE 246 SILVERLAND Block A lot 7 & 8, and lengthy legal PID #'s 28122-000-00 and 2781-001-007

Utilities

Utilities Water Available
Listing Agency: COLDWELL BANKER ELLISON REALTY O · Coldwell Banker Real Estate
Listed By: Christopher Swor LLC · License #SL3243765
Added: Sep 29, 2025 Changed: Aug 25 Last Checked: Sep 3 at 6:06PM
MLS# OM710781

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

Current Use

Residential land & home ...

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,034
Businesses Nearby

Demographics for 34470, FL

20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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.
More about this property
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