13350 16Th Ave Ocala, FL 34473
- Commercial real estate
- 1,144 SF
- 4.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 13350 16Th Ave
- Year built
- 1993
- Lot size
- 4.23 lot acres
- Property size
- 1,144 SF
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- 41200-065-00
- APU
- 4120006500
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocala
- County
- Marion
- State
- Florida
- Longitude
- -82.1537
- Latitude
- 29.0279
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA