Approved PUD Development
For Sale
$12,000,000
96 CYPRESS Rd, Ocala, FL 34472
Entitled PUD development land with utilities at the site and flood zone X designation.
Property SizeContact for details
Days on Market113
Property Features for 96 CYPRESS Rd
General Information
Standard status
Active
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$19,769
Listing Agency:
(352) 812-9590
Listed By:
Rich Denicola · License #3465012
(352) 812-9590
Source:
Elliman
Added: May 10
Changed: Aug 8
Last Checked: Aug 29 at 11:29AM
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 Rich Denicola
Investment Insights
Based on property information with market context.
This development site is part of the “Emerald Village” Approved PUD project with entitlements in place. The concept plan allows a mix of multifamily and housing types, including apartments, condominiums, townhouses, single-family homes, and duplex, tri-plex, and quad-plex configurations. The proposed project encompasses almost 100 acres, with approval for 1,200+ residential units, and a maximum of 1,351 residential units in lieu of an ALF, supported by required parking of 1,808 spaces. The approval also reflects the ability to build vertically up to no more than 50 ft, or up to 4 stories.
Utilities are available at the site, including water, sewer, and electric. The property is located within a Flood Zone “X” designation. A new road is being constructed, with completion targeted by December 31, 2026, providing direct access from the Hwy 484 exit on I-75 to the property.
The surrounding area includes elementary, middle, and high schools, along with nearby light industrial and recognized manufacturing corporations.
Utilities are available at the site, including water, sewer, and electric. The property is located within a Flood Zone “X” designation. A new road is being constructed, with completion targeted by December 31, 2026, providing direct access from the Hwy 484 exit on I-75 to the property.
The surrounding area includes elementary, middle, and high schools, along with nearby light industrial and recognized manufacturing corporations.
Key Highlights
- Approved PUD project with entitlements in place for a multi‑product residential development (apartments, condos, townhomes, single family, duplex, tri‑plex, quad‑plex).
- Project approved for 1,200+ residential units, with approval for a maximum of 1,351 units in lieu of an ALF.
- Site includes water, sewer, and electric at the site, plus planned access via new road construction from the I‑75 Hwy 484 exit directly to the property.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 34472, FL
31,701
Population
14,057
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
36.3 sq mi
ZIP Area
873
Density / Sq Mi
$61,635
Median Household Income
$37,410
Median Earnings
$1,232
Median Rent
$185,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled PUD development land with utilities at the site and flood zone X designation.
Where is this residential land & home lot located?
The property is located at 96 CYPRESS Rd Ocala, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Approved PUD project with entitlements in place for a multi‑product residential development (apartments, condos, townhomes, single family, duplex, tri‑plex, quad‑plex).; Project approved for 1,200+ residential units, with approval for a maximum of 1,351 units in lieu of an ALF.; Site includes water, sewer, and electric at the site, plus planned access via new road construction from the I‑75 Hwy 484 exit directly to the property.
