2595 Nw 21st Ave, Ocala, FL 34475

$15,000,000

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List Price
$15,000,000
Status
Active
Days on Market
0
MLS#
OM729688
Lot Size
996,217
Acres
22.87
Total Acreage
20 to less than 50
MLS Area Major
Ocala

Property Description

Rarely does the market offer three contiguous, fully entitled multifamily parcels ready for vertical development - but that's exactly what's available along NW 27th Avenue in Ocala's fast-growing West Oak Community. Each of these three parcels is approved for 250 multifamily units, for a combined 750 units of in-demand rental housing, situated within one of the region's most active growth corridors and inside a federally designated Opportunity Zone. Each parcel is offered at an asking price of $5,000,000.00. West Oak itself is a 200-acre master-planned community, entitled for up to 2,300 residential units - a mix of apartments, townhomes, and single-family homes - anchored by retail and an amenity center. Multifamily and single-family products elsewhere in the community are already delivering, giving investors and builders a proven, active market to step directly into.

Additional Information

Taxes
$33376
Community Features
No Deed Restriction
Zoning
PD
Utilities
Cable Available, Electrical Nearby, Phone Available, Sewer Nearby, Water Nearby
Pool
No Pool
Flood Zone Code
X
Parcel ID
21385-000008
Legal Description
Lengthly

Listing courtesy of LINDA SIEMENS REALTY, LLC. 352-427-1501

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Calculator source: Real Geeks

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