For sale· 6 days on market
BAHIA TERRACE
Ocala, FL, 34472·MLS# O6401421
$450,000
Estimated $2,948/mo estimated
- 0.68 ac
- Lot size
- New listing
- Land
- 0.68 acre lot
About this home
Development opportunity with prior site planning and engineering work completed. The property has been previously designed for a four-unit residential project, with plans, structural design, and supporting documentation available. Based on correspondence with the County, current zoning requirements support a minimum of 6 units with potential for higher density subject to utility availability and Marion County approval. A septic construction permit has been issued, and prior permitting activity has been initiated. Additional due diligence, including environmental and site considerations have been evaluated. This offers a strong starting point for a developer to step into a project with meaningful groundwork already in place to redesign and move forward with a compliant project. Located in an area experiencing continued residential growth. Buyer responsible for verifying zoning, density, utilities, environmental conditions, and all development requirements. For GPS reference only (NOT the subject property address), the subject property is located adjacent to the south of 157 Bahia Terrace Dr., Ocala, FL. Property boundaries and location details to be verified during due diligence.
Facts & features
Property
- Type
- Land
- Lot size
- 0.68 acres
Financial
- Annual taxes
- $1,204.32
Estimate your monthly payment
$2,948/ month estimated
- Principal & interest$2,347
- Property tax$413
- Insurance$188
Illustrative estimate — not a lending offer.
Location
Ocala, FL
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Courtesy of EXP REALTY LLC
reThought Real Estate
My local team · (407) 974-5509
$450,000