0000 marion oaks BLVD, OCALA FL 34473, Ocala, FL, 34473
$139,000
Land
Lot Size
24,394 Sqft
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Property Details
Property Features Property Features
MLS ID: MFRCC852253 Year Built:
County Or Parish: Marion Current Use: Multi Family
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash
Lot Features: Wooded Occupant Type: Vacant
Possession: Close Of Escrow Property Type: Land
Road Surface Type: Paved Sewer: Public Sewer
Showing Requirements: Go Direct Standard Status: Active
State Or Province: FL Water Source: Public
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