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110 Fort King
Ocala, FL 34471

$3,600,000 USD

Land For Sale  •  0.52 AC

Property Details

  • Property Type Land
  • Lot Size 0.52 AC
  • Zoning FBC
33 Transit Score
76 Walk Score

Description

24 Unit Fee Simple Fully Entitled Shovel Ready Site that includes Land, Construction Documents, and Building Permit.
Purchase the property, hire your contractor, and start construction immediately.
Located in an Opportunity Zone in a rapidly evolving downtown. 4 new restaurants less than a block away are currently under construction.
City just approved Golf Cart usage in downtown. Nearby project with similar size units (302 Broadway) sold numerous units in 2022 with an average sale price at $355/sf. Most Recent Listing in 302 Broadway project was listed for $378/sf and went pending in only 4 days. Develop the townhomes and sell for a profit margin exceeding other major cities including Orlando. City also allows short term rentals. Advent Health Ocala with 2,400 employees is located only one half mile away. Excellent Opportunity as either a For Sale or For Rent project.

Property Flyers

Brian Ray 407-421-5605 Ray Design Development
Brian Ray 407-421-5605 Ray Design Development