About This 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!

Key Features

• Built in 1941

Property Details

• Type: Single Family Home
• Year Built: 1941
• Lot Size: 24,394 sq ft
• Sq Ft: 1,686
• Price / Sq Ft: $189
• HOA: Contact Agent
• Bedrooms: 3
• Bathrooms: 1.5
• Feature: Built in 1941
• Status: Active
• MLS Number: MFR767152131
• Days on Market: 450
• Listed By: MLS Listing
• Zip Code: 34471