5350 SW College Rd Ocala, FL 34474
Southwest Ocala NeighborhoodEstimated payment $21,446/month
About This Lot
5.21 ± Acres | Zoned SC (Shopping Center)
Prime multi-family development opportunity located just off Highway 200 in one of Ocala’s most vibrant and rapidly growing corridors. The property consists of 5.21 acres zoned Shopping Center (SC) and comes fully entitled for a 160 unit, 73,276 SF, three-story apartment building, complemented by 155 garage parking spaces and 188 perimeter spaces. Fully engineered plans and approvals give a streamlined path to construction. Positioned behind two Class A medical and banking properties, with full access entrance from Hwy 200, this site sits directly North of the highly trafficked Publix Super Market at Heath Brook Commons and within minutes of the Market Street at Heath Brook, AdventHealth, Paddock Mall, and numerous retail, dining, and employment centers. With visibility and accessibility from SW 27th Avenue and Highway 200, this infill location is ideal for luxury apartments, assisted living facility , or mixed-use residential development and medical.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 941-279-3630 License #3111105 Listed on: 10/28/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $21,802
Lot Details
- 5.21 Acre Lot
- Lot Dimensions are 446.82x1021.65x1405.21x1915.49
- Southwest Facing Home
- Property is zoned SC
Schools
- Saddlewood Elementary School
- Liberty Middle School
- West Port High School
Utilities
- Underground Utilities
Community Details
- Heathbrook South B 2 Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / 2
- Assessor Parcel Number 2389-100-002
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $21,802 | $1,248,214 | $1,248,214 | -- |
| 2023 | $21,963 | $1,248,214 | $1,248,214 | $0 |
| 2022 | $19,639 | $1,098,428 | $0 | $0 |
| 2021 | $18,197 | $998,571 | $998,571 | $0 |
| 2020 | $18,296 | $998,571 | $998,571 | $0 |
| 2019 | $16,796 | $907,792 | $907,792 | $0 |
| 2018 | $16,521 | $907,157 | $907,157 | $0 |
| 2017 | $25,589 | $1,382,357 | $1,382,357 | $0 |
| 2016 | $29,540 | $1,576,201 | $0 | $0 |
| 2015 | $33,985 | $1,785,092 | $0 | $0 |
| 2014 | $31,088 | $1,731,686 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Sale | $3,750,000 | +390.2% | -- | |
| 06/01/2018 06/01/18 | Sold | $765,000 | -9.1% | -- | View Prior Sale |
| 05/30/2018 05/30/18 | Pending | -- | -- | -- | |
| 03/10/2017 03/10/17 | For Sale | $841,579 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,250,000 | H Collins Forman Jr Pa | |
| Warranty Deed | $1,550,000 | Attorney |
Source: Stellar MLS
MLS Number: A4670024
APN: 2389-100-002
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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