For sale· 1 day on market
2595 NW 21ST AVE
Ocala, FL, 34475·MLS# OM729688
$15,000,000
Estimated $98,231/mo estimated
- 22.87 ac
- Lot size
- New listing
- Land
- 22.87 acre lot
About this home
OPPORTUNITY ZONE Rarely does the market present 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.
Facts & features
Property
- Type
- Land
- Lot size
- 22.87 acres
Financial
- Annual taxes
- $33,376.16
Estimate your monthly payment
$98,231/ month estimated
- Principal & interest$78,231
- Property tax$13,750
- Insurance$6,250
Illustrative estimate — not a lending offer.
Location
Ocala, FL
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Courtesy of LINDA SIEMENS REALTY, LLC
reThought Real Estate
My local team · (407) 974-5509
$15,000,000