0.56 Acres Lot
0.56 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Marion Oaks Un 04
MLS Listing ID OM718664
HOA Y/N No
Annual Tax Amount $465
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 198x128x198x122
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income.
Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Location
State FL
County Marion
Community Marion Oaks Un 04
Area 34473 - Ocala
Zoning RPUD
Exterior
Utilities Available Electrical Nearby, Water Available
Building
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Others
Ownership Other
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
Nearby Locations
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