Discover a prime development opportunity in the heart of highly desirable Southeast Ocala! This expansive 0.56-acre lot, zoned R-3, presents a rare chance to create a multi-family residential project in a vibrant, sought-after community. Ideally situated, the property is perfect for investors or developers looking to capitalize on Ocala’s growing real estate market. The existing house on the lot is ready for demolition, offering a blank canvas to build up to 10 multi-family units within the city limits of Ocala, subject to city approvals. The R-3 zoning allows for flexible development options, making this one of the best lots available for multi-family construction in the area. Its generous size and prime location on E Fort King St provide easy access to downtown Ocala, local amenities, schools, and major roadways, enhancing its appeal for future residents. Don’t miss this exceptional opportunity to develop a high-demand property in one of Ocala’s most coveted neighborhoods. Act now to transform this lot into a thriving multi-family community!
336 days
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88
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Zillow last checked:
Listing updated:
Listed by:
Don Kay, Jr352-427-9092,
CENTRAL FLORIDA REALTY352-427-9092
Source: Stellar MLS,MLS#: OM707431Originating MLS: Ocala - Marion
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Primary bedroom
Features: Walk-In Closet(s)
Level: First
Area: 10000 Square Feet
Dimensions: 100x100
Kitchen
Features: No Closet
Level: First
Living room
Level: First
Area: 10000 Square Feet
Dimensions: 100x100
Heating
Central
Cooling
Central Air
Appliances
Included: Range, Refrigerator
Laundry: Laundry Room
Features
Thermostat
Flooring: Hardwood
Has fireplace: Yes
Fireplace features: Family Room
Interior area
Total structure area: 1,756
Total interior livable area: 1,686 sqft
Property
Features
Levels: One
Stories: 1
Exterior features: Lighting
Lot
Size: 0.56 Acres
Dimensions: 100 x 245
Details
Parcel number: 2833200113
Zoning: R3
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Wood Frame
Foundation: Crawlspace
Roof: Shingle
Condition
New construction: No
Year built: 1941
Utilities & green energy
Sewer: None
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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