1333 SE 17Th St Ocala, FL 34471
For Sale
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This exceptional 1.7-acre parcel in Ocala, Florida, presents a rare development opportunity on the desirable SE 17th Street corridor. The property, encompassing 4,294 square feet, is zoned R1 and offers significant potential for redevelopment into a variety of mixed-use projects, including multi-family townhouses or apartments. Its prime location provides easy access to essential amenities, educational institutions, shopping, and recreational facilities, ensuring high desirability for future residents. The property's expansive size allows for creative and efficient layout planning, maximizing functionality and aesthetic appeal. This is an ideal investment for developers seeking a lucrative venture in Ocala's thriving real estate market. The property is situated in Marion County, Florida, with the address being 1333 SE 17th St, Ocala, FL 34471. The property includes one building constructed in 1967. A rezoning will be required for projects beyond the current R1 zoning. This is a unique opportunity to capitalize on the growing demand for upscale living in this sought-after Florida region. The asking price is $1,200,000, translating to $279.46 per square foot. The property's APN is 2936-006-007. Directions: From South Pine Ave, turn left onto SE 17th St; the property is on the left at the corner of SE 17th and SE 14th Ave.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.