110 Fort King - Commercial LAND FOR SALE


Ocala, FL 34471 22,651 SF
$3,000,000 USD
407-421-5605
110 Fort King, Ocala, FL for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/5
22,651 SF

110 Fort King
Ocala, FL 34471


OVERVIEW

24 Unit Fee Simple Fully Entitled Shovel Ready Site that includes Land, Construction Documents, and Building Permit. Purchase the property, hire your contractor, and start construction immediately. Located in an Opportunity Zone in a rapidly evolving downtown. 4 new restaurants less than a block away are currently under construction. City just approved Golf Cart usage in downtown. Nearby project with similar size units (302 Broadway) sold numerous units in 2022 with an average sale price at $355/sf. Recent Listing in 302 Broadway project wass listed for $378/sf and went pending in only 4 days and closed. Current Listing is at $446/sf. Develop the townhomes and sell for a profit margin exceeding other major cities including Orlando. City also allows short term rentals. Advent Health Ocala with 2,400 employees is located only one half mile away. Excellent Opportunity as either a For Sale or For Rent project.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$5,769,282/AC

PRICE/SF

$132 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

One Fort King Townhomes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

0.52 AC

LAND SF

22,651 SF

OFFSITE IMPROVEMENTS

-

ZONING

FBC

APN/PARCEL ID

1244111,2853-034-001

ASK ABOUT THIS PROPERTY

Brian RayRay Design DevelopmentMore Info
407-421-5605

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Brian RayRay Design DevelopmentMore Info
407-421-5605

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.