0 24Th Rd Ocala, FL 34471
This 0.81-acre vacant commercial and residential land parcel presents a unique development opportunity in Ocala, Florida. Located on SE 24th Rd, a few blocks from Pine Ave and E Silver Springs Blvd, this property boasts convenient access to downtown Ocala and is surrounded by medical and professional buildings. The property is zoned RO (Residential Office), a mixed-use designation permitting both residential and limited office uses, ideal for projects such as duplexes, townhouses, or professional services. Utilities (water, sewer, and electricity) are readily available nearby. The land is currently undeveloped, offering a blank canvas for a new construction project. A preliminary proposal for a six-unit development is available, along with a CAD survey for potential residential or commercial architectural designs. The asking price is $230,000, translating to $6.51 per square foot. The property's APN is 29979-000-000, and ownership is held by an LLC. This exceptional location and flexible zoning make this an attractive investment for developers seeking a prime site in a thriving Ocala neighborhood. The property's address is SE 24th Rd, Ocala, FL 34471.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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