Current Use by Public Records
- Land
Property Details for 0 20Th St
- Lot size
- 14.58 lot acres
- Property type
- Land
Description
This exceptional 14.58-acre parcel in Ocala, Florida, presents a prime investment opportunity for developers and builders. The land is zoned PD (Planned Development) and fully entitled for up to 360 multifamily units, representing Phase 1 of a larger project encompassing 900 units and 75,000 square feet of commercial space across 40 acres. The approved site plan and completed traffic study streamline the development process. All impact fees have been paid, and the property is surveyed. Strategically located near Ocala International Airport and major roadways, including easy access to State Road 200, I-75, and US Highway 441/301/27, this site benefits from excellent connectivity. The property's prime location within Ocala's core growth corridor places it across from the 860-unit Carlton Arms apartments and within two miles of numerous businesses, retail establishments, an elementary school, and a state college. Nearby developments include a new hospital and an $800 million convention center, further underscoring the area's robust growth trajectory. The asking price is $2,844,000, translating to $320,987 per acre. The APN is 23320-005-26. This is a rare opportunity to capitalize on Ocala's thriving real estate market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1815
- Latitude
- 29.1682
