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Other Land - SILVERLAND for Sale

2917 NE 3RD, OCALA, FL 34470

Asking Price$1,250,000 Change Price$250,000

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  • Days on market:

    119 day(s)
  • Original Price:

    $1,500,000
  • Tax Legal Description:

    SEC 15 TWP 15 RGE 22 PLAT BOOK B PAGE 246 SILVERLAND BLK A LOT 8 A PT OF BEING MORE PARTICULARLY DESC AS: COM AT THE SW COR OF LOT 8 TH NELY 45 FT TH N TO THE N LINE OF LOT 8 TH W 41.50 FT TH S 660 FT TO THE POB & BLK B LOT 1 & E 25 FT OF LOT 2 & E 1 05 FT OF S 1/2 OF NW 1/4 OF NE 1/4 OF NW 1/4 N OF OCALA-SILVER SPRINGS RD
  • Tax Year:

    2023
  • Property Type:

    Land
  • Special Listing Conditions:

    None

Description

$1,250,000

Discover a rare and valuable development opportunity in the heart of ocala. this expansive, high-density r3 development site offers one of the last large parcels available within city limits, making it a prime choice for developers looking to create a high-impact residential project. perfectly positioned just off sr40, this level lot is directly opposite the ocala city golf course, offering access from both ne 3rd and ne 7th streets. with downtown ocala only minutes away and the silver springs theme park just 2 miles down the road, the location is truly unbeatable. the land’s topography is flat with a shallow slope for excellent drainage, and soil borings have been completed and cleared, providing a strong foundation for any project. essential utilities are already in place, including a sewage manhole on the site, which simplifies the development process. this property has a potential of 60 units based on the architectural plan, see photos for reference. the seller has met with a city planner who indicated that it should be possible for a developer to submit a case to increase the number of units to 60 on the current acreage. an additional 3/4 acre lot directly adjoining the property is also available for separate negotiation. this is a rare chance for developers to acquire this premium parcel. don’t miss out on the opportunity to create a legacy project in one of ocala’s most desirable locations. contact us today to explore all the possibilities this exceptional property has to offer.

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