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13350 16Th Ave Ocala, FL 34473

For Sale
$1,295,000

4.23 acres, PUD zoned, high-traffic area.

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional 4.23-acre parcel in Ocala, Florida, presents a remarkable multifamily development opportunity. Zoned PUD, it's approved for a 64-unit apartment complex, a project already envisioned as "Renaissance Apartments." The property boasts convenient access to SW 16th Avenue via both a proposed single-vehicle driveway and an emergency access point, enhancing safety and functionality. Its strategic location within a thriving commercial area places it amidst established national retailers including Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, and Taco Bell, ensuring high visibility and potential tenant appeal. The site benefits from proximity to Interstate 75 (83,246 AADT), just twelve miles south of historic downtown Ocala and fourteen miles south of Ocala International Airport. Ocala's reputation as the "Horse Capital of the World," with over 70,000 acres dedicated to thoroughbred breeding and training, further underscores the area's robust economic vitality and potential for strong rental demand. The property's APN is 41200-065-00. Asking price is $1,295,000, representing a land value of $306,147 per acre. This is a rare chance to acquire a prime development site in a rapidly growing market. The address is 13350 SW 16th Ave, Ocala, FL 34473.

Property Features for 13350 16Th Ave

General Information

Property type
Land
Lot Size
184,259 SF

HighLights

  • 4.23‑acre parcel zoned PUD, approved for a 64‑unit apartment complex (Renaissance Apartments).
  • Dual access to SW 16th Avenue: proposed single‑vehicle driveway and emergency access point.
  • High‑visibility location in a thriving commercial area, surrounded by national retailers (Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, Taco Bell).
  • Proximity to I‑75 (83,246 AADT).
  • Located twelve miles south of downtown Ocala and fourteen miles south of Ocala International Airport.
  • Strong rental demand potential in Ocala, known as the "Horse Capital of the World," with over 70,000 acres dedicated to thoroughbred breeding and training.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Pharmacy Nail Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ocala
County
Marion
State
Florida
Longitude
-82.153665
Latitude
29.027876

FAQs

What type of property is this?
Land - 4.23 acres, PUD zoned, high-traffic area.
Where is this land located?
The property is located at 13350 16Th Ave Ocala, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4.23-acre parcel zoned PUD, approved for a 64-unit apartment complex (Renaissance Apartments).; Dual access to SW 16th Avenue: proposed single-vehicle driveway and emergency access point.; High-visibility location in a thriving commercial area, surrounded by national retailers (Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, Taco Bell).
More about this property
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