Active

$450,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6401421
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Development opportunity with prior site planning and engineering work completed. The property has been previously designed for a four-unit residential project, with plans, structural design, and supporting documentation available. Based on correspondence with the County, current zoning requirements support a minimum of 6 units with potential for higher density subject to utility availability and Marion County approval. A septic construction permit has been issued, and prior permitting activity has been initiated. Additional due diligence, including environmental and site considerations have been evaluated. This offers a strong starting point for a developer to step into a project with meaningful groundwork already in place to redesign and move forward with a compliant project. Located in an area experiencing continued residential growth. Buyer responsible for verifying zoning, density, utilities, environmental conditions, and all development requirements. For GPS reference only (NOT the subject property address), the subject property is located adjacent to the south of 157 Bahia Terrace Dr., Ocala, FL. Property boundaries and location details to be verified during due diligence.
Financial Considerations
Price:
$450,000
HOA Fee:
N/A
Tax Amount:
$1204.32
Price per SqFt:
$15.19
Tax Legal Description:
LOTS 15 AND 16, BLOCK 88, SILVER SPRIN SHORES, UNIT NO. 7, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK J, PAGE 94
Exterior Features
Lot Size:
29621
Lot Features:
Unincorporated
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    BAHIA TERRACE DR
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