About This Home
This land at MARION OAKS Boulevard in Ocala, FL is listed for $139,000 (0.56 acres).
Key Features
- 0.56 acre lot
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. 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
MARION OAKS Boulevard
Ocala, FL 34473
MARION OAKS UN 04
Questions & Answers
This 0-bedroom, 0-bathroom land at MARION OAKS Boulevard is listed at $139,000. The estimated monthly payment is $744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.56 acre lot.
This property is listed by Cristina Osorio Norena and can be reached at 4078795067.
