Residential Property - Single Family Residence in Ocala
Listing Price: $319,000 (Mortgage Calculator →)
Description of Property
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!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Ocala
County: Marion
Subdivision: Bainbridge
Bedrooms: 3
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,756
Sq. Ft. Living Area: 1,686
Cost per (heated) sqare foot: $189
Year built: 1941
Annual Tax: $6,108
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Family Room
Flooring: Hardwood
Schools
Elementary School: Eighth Street Elem. School
Middle/Junior High School: Osceola Middle School
High School: Forest High School
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Lighting
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: None
Water Source: Public
Lot Information
Lot Size (acres): 0.56
Lot Size (sq. ft.): 24,394 square feet
Lot Dimensions: 100 x 245
Front Exposure: South
Legal Description & Other Information
Parcel Number: 2833200113
Zoning: R3
Tax Legal Desc.: SEC 16 TWP 15 RGE 22 PLAT BOOK D PAGE 069 BAINBRIDGE RE-SUBDIVISION OF LOTS 3-8 OF ORANGE VIEW BLK 1 LOT 13 & E 30 FT OF S 1/2 OF LOT 2 ORANGE VIEW (B-206)
Section: 16
Range: 22E
Listing courtesy of CENTRAL FLORIDA REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.