Opportunity Zone-11 Acres Multi Family

$199,000

1325 NW 7th Ave, Ocala, FL 34475

For Sale

Land

Active

Last Updated: 05/25/2021

Details:

Lot Area: 11 acres

Offered by

Bartow Mc Donald

Managing Director

SVN | Florida

Request Info to Unlock

Highlights:

Opportunity Zone
Up to 132 Units
Great for Workforce Housing Development
City Water and Sewer

Description:

11 acres of multi family land entitled for up to 132 units. Located within the new federal Opportunity Zone in the city of Ocala and eligible for special tax exemptions. Great location for workforce/affordable housing development. Water and sewer available.

Located along Interstate 75 in North Central Florida, Ocala is a one-hour drive North of Orlando. Residents and businesses alike enjoy a high quality of life and a relatively low cost of living. Quality healthcare and one of Florida's lowest housing costs make Marion County a great place to live. The scenic landscape is graced by the pastoral beauty of more than 900 horse farms with plenty of green space for all to enjoy. Marion County is home to a diverse economy, blending horse farms and agricultural interests with a variety of business sectors.