For sale· 5 days on market
0000 MARION OAKS
Ocala, FL, 34473·MLS# OM718664
$139,000
Estimated $910/mo estimated
- 0.56 ac
- Lot size
- New listing
- Land
- 0.56 acre lot
About this home
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Facts & features
Property
- Type
- Land
- Lot size
- 0.56 acres
Financial
- Annual taxes
- $465
Estimate your monthly payment
$910/ month estimated
- Principal & interest$725
- Property tax$127
- Insurance$58
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
$139,000