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.