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000 Marion Oaks Boulevard

United States /Florida, 000 Marion Oaks Boulevard, 34473, 0.72

Listing ID :

78584145

MLS ID :

168308764

Acres :

0.72 Acres
$139,000

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Property Description

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.

Basic Details

Property Types:

Farm, Ranch

Listing Type:

For Sale

Listing ID:

78584145

Price:

$139,000

Acres:

0.72 Acres

Address Map

Country:

United States

State:

Florida

County:

Marion

City:

Ocala

Latitude:

29.02571

Longitude:

-82.182992

Street Address:

000 Marion Oaks Boulevard

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