$3,960,000

Estimated payment $22,274/month

0.52 Acre
$7,615,385 Price per Acre
22,651 Sq Ft Lot

About This Lot

In the heart of fast growing downtown Ocala you find this shovel ready subdivided vacant lot ready to develop. * Federal Opportunity Zone AND New Market Tax Credit Qualified * Development Opportunity in Historic Downtown Ocala of 24 Micro Town homes. Town homes vary in size from 1,196 sf (20 Qty) to 1,246 sf (4 Qty). Each unit has 2 Bedrooms and 2.5 Bathrooms with private garage. Residents in this future project will be able to walk to the numerous restaurants, shops, bars, movies and more. Sale Includes Land, Construction Drawings and Building Permit. Nearby Active Comps (Condo and Town home) vary from $351/sf - $391/sf with Units in the nearby 302 Broadway project Pending at $371/sf and $391/sf. Site/Project is located in an established Opportunity Zone as well as in the Downtown Community Redevelopment Agency (CRA) District. The Downtown CRA was been established/funded by the City of Ocala to provide financial incentives to owners to redevelop underutilized properties. Developers can receive CRA funds to use toward various project related expenses. Potential contributions to the Project include but are not limited to Public ROW Improvements, Public and Private Walkways, hardscape, Landscape & Courtyards, Site Lighting, and more. Ideal as a For Sale project or even a For Rent Project. Advent Health Ocala is less than a mile from the site. Seller has Interest List with over 60 Potential Buyers that will be transferred with Sale. Located inside the golf cart driving zone. The parking lot across the street (94 SW Ft King) MLS #OM707323 is also for sale by the same owner.

Listing Agent

Theodor Wukovich

OAKSTRAND REALTY Brokerage Phone: 888-912-5258 License #3168406 Listed on: 08/09/2025

OAKSTRAND REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,104

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x98
  • Property is zoned FBC

Listing and Financial Details

  • Assessor Parcel Number 2853-034-001
  • Tax Block E-002

Property Details

Property Type

Land

Est. Annual Taxes

$7,104

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651
  • Directions to Property: Take Hwy 75 and exit Hwy 40 east, Continue on Hwy-40 to Downtown Ocala 7 min, Turn right onto SW 1st Ave, Destination will be on the right after two blocks
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 543786098
  • RATIO Current Price By Calculate: 174.83
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 888-912-5258
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 110

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 7615385

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: FBC
  • Parcel Number: 2853-034-001
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Dimensions: 100x98
  • Flood Zone Code: X
  • Lot Size Square Meters: 2104

Tax Info

  • Tax Annual Amount: 7104.34
  • Tax Block: E-002
  • Tax Book Number: 15/104

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $5,772 $326,174 $326,174 $0
2022 $5,580 $315,302 $315,302 $0
2021 $4,953 $271,161 $271,161 $0
2020 $911 $55,000 $55,000 $0
2019 $873 $55,000 $55,000 $0
2018 $711 $40,000 $40,000 $0
2017 $646 $35,000 $35,000 $0
2016 $654 $35,000 $0 $0
2015 $760 $40,000 $0 $0
2014 $707 $40,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $3,960,000 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Special Warranty Deed $245,000 Affiliated Ttl Of Ctrl Fl Lt
Warranty Deed $87,000 Attorney
Warranty Deed $87,000 --
Warranty Deed $50,000 --
Warranty Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Seller Take Back
Source: Public Records

Source: Stellar MLS

MLS Number: OM707230

Stellar MLS

APN: 2853-034-001