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Hwy 27
Ocala, FL 34475

Blichton Village · Land For Sale · 1.20 AC

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Investment Highlights

If you are a Developer this project is for you ready for the construction permit.
Scalability: Easier for developers to build multiple units on a single parcel of land.
Depreciation: You can deduct depreciation on the property, reducing taxable income.

Investment Opportunity: High rental income potential.
Location Benefits: Proximity to downtown offers tenants easy access to shopping, dining, and entertainment, increasing property desirability.

Executive Summary

Multi-family developer opportunity, 14 approved units designed with 1400 sq ft, 2 bedrooms, 2 full and 1/2 baths, two stories with assigned parking. Building permit ready. Strong rental demand. . Strong Rental Demand: Ocala's growing population and economic development, including major distribution centers for companies like Amazon and FedEx, drive demand for rental housing, ensuring a steady tenant base.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Apartment Units - Condo
Property Type	Land	Total Lot Size	1.20 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units - Condo
Total Lot Size	1.20 AC

1 Lot Available

Lot 00

Price	£532,644	Lot Size	1.20 AC
Price Per AC	£443,870

Price	£532,644
Price Per AC	£443,870
Lot Size	1.20 AC

Zoning for Multifamily Development, Cornet Lot with 1.2 acres or 52,272 square feet, level lot for construction, minimizing site preparation, public water and sewer connection available, electric on site , located on US 27th street & Old Bl

Description

Great investment in multi-family property located in the heart of Ocala, Florida, offering architect design, civil engineering plans, survey, environmental study, ready for construction permit. Located near convenient, schools, parks and main roads. The property is located on a main avenue, with a mix of residential and commercial properties, making it an ideal location for renters looking for comfort and convenience.

PROPERTY TAXES

Parcel Number	41200-062-00	Improvements Assessment	£4,219
Land Assessment	£313,712	Total Assessment	£317,930

PROPERTY TAXES

Parcel Number

41200-062-00

Land Assessment

£313,712

Improvements Assessment

£4,219

Total Assessment

£317,930

zoning

Zoning Code	PUD (Advantages of Multifamily Zoning: Investment Opportunity: High rental income potential. Th subject property is designated 14 townhouse.)
PUD (Advantages of Multifamily Zoning: Investment Opportunity: High rental income potential. Th subject property is designated 14 townhouse.)

Listing ID: 33949141
Date on Market: 21/11/2024
Last Updated:
Address: Hwy 27, Ocala, FL 34475

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