Prime Multifamily Development Opportunity
Excellent investment opportunity in one of Florida's fastest-growing markets. This R-3 zoned lot is approved for multifamily residential development, making it an ideal site for developers and investors looking to meet the increasing demand for housing in the Ocala area. With strong population growth, expanding employment opportunities, and continued residential development, Ocala has become a highly desirable destination for both residents and businesses.
Conveniently located with easy access to Interstate 75, the property is just minutes from shopping, dining, healthcare facilities, schools, and Downtown Ocala. Nearby attractions, including the World Equestrian Center and Silver Springs State Park, continue to draw visitors and new residents to the area. Whether you're planning apartments, townhomes, or another multifamily project permitted under the R-3 zoning designation, this property offers outstanding potential in a thriving and rapidly growing market.
JUNIPER PASS, Ocala, FL, 34480
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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