7359 Midway Terrace, Ocala, FL 34472

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List Price
$340,000
Status
Active
Days on Market
6
MLS#
S5158877
Lot Size
37,026
Acres
0.85
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Silver Spgs Shores 07
MLS Area Major
Ocala

Property Description

READY TO START CONSTRUCTION: Fully approved 12-unit multifamily development in Ocala. This construction-ready opportunity gives a builder or investor a valuable head start by eliminating the lengthy entitlement, site-planning and architectural design process. The approved project package is already in place, allowing the buyer to move forward with construction coordination and mobilization instead of spending months taking a project through approvals. Located at 7359 Midway Terrace, parcel 9007-0101-18 includes architectural plans, site-development documents and conceptual renderings. Marion County records identify the project as Midway Terrace Apartments under Major Site Plan 2023050074 / 30183. The approximately 0.85-acre, R-3-zoned site offers convenient access to SE Maricamp Road, shopping, services and major area routes. Offered at $340,000. An exceptional opportunity to secure an approved multifamily project and accelerate the path from acquisition to construction in Central Florida. Renderings are conceptual and do not depict completed construction. Seller will provide the available approval and project-document package for review. Buyer to independently verify approval transferability, utilities, impact fees, dimensions, zoning, density and development requirements.

Additional Information

Taxes
$1279
Location
Buildable, In County, Paved
Community Features
No Deed Restriction
Zoning
R3
Utilities
Public
Pool
No Pool
Flood Zone Code
x
Parcel ID
9007-0101-18
Legal Description
SEC 05 TWP 16 RGE 23 PLAT BOOK J PAGE 094 SILVER SPRINGS SHORES UNIT 7 BLK 101 LOT 18

Listing courtesy of ADAN INVESTMENTS REAL ESTATE GROUP, PLLC. 407-967-2867

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