Prime 1.13-Acre Lot for Sale – Zoned R3 in Marion County
This exceptional 1.13-acre parcel offers a prime development opportunity in a desirable and rapidly growing area of Marion County. An adjacent 1.13-acre lot is also available, allowing developers or investors the option to acquire a combined total of 2.26 acres for a larger-scale project.
Conveniently located in a high-visibility area with easy access to major roads, this property is ideally suited for residential or multifamily development. The property is currently zoned R3, allowing for multifamily development with up to 18 units per acre, creating the potential for up to 41 units across both parcels.
With strong growth throughout Marion County and increasing demand for housing, this property presents an outstanding opportunity for developers seeking flexibility, scale, and long-term value. D
NE 14TH STREET, Ocala, FL, 34470
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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