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

2917 Northeast 3rd Street, Ocala, FL 34470

3.38-acre R3-zoned property approved for multifamily development.

Property SizeContact for details
Lot Size3.38 Acres
Days on Market368

Property Features for 2917 Northeast 3rd Street

General Information

Standard status Active
Lot size 3.38 Acres
Property subtype Land
Zoning R3

Taxes and HOA fees

Annual Taxes $3,705

Amenities

No
Square Feet
Listing Agency: COLDWELL BANKER ELLISON REALTY O
Listed By: Christopher Swor LLC · License #3243765
Source: Compass
Added: Aug 17, 2025 Changed: Aug 8 Last Checked: Jul 15 at 11:15PM

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 COLDWELL BANKER ELLISON REALTY O

Investment Insights

Based on property information with market context.

This 3.38-acre vacant tract 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 Ocala Golf Club and is just minutes from the downtown Ocala Square. This parcel is a strategic investment for developers and investors.

Key Highlights

  • Prime 3.38‑acre R3‑zoned property ideal for multifamily development
  • Approved for 12 units per acre, potential for up to 18 with variance
  • Versatile 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

940
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3.38-acre R3-zoned property approved for multifamily development.
Where is this residential land & home lot located?
The property is located at 2917 Northeast 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, potential for up to 18 with variance; Versatile development options: townhomes, duplexes/quads, apartments, or senior living
More about this property
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