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Gelfand Realty Miami Properties - Other Land

MARTIN LUTHER KING JR, OCALA, FL 34475

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Other Land -

MARTIN LUTHER KING JR, OCALA, FL 34475

Sold Price$1,200,000 Asking Price$999,900

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  • Lot size 2605324sqft
  • Days on market:

    832 day(s)
  • Original Price:

    $999,900
  • Tax Legal Description:

    SEC 06 TWP 15 RGE 22 COM AT THE W 1/4 OF SEC 6 TH N 89-26-41 E 25 FT TO THE POB TH N 200 FT TH N 89-26-42 E 1304.49 FT TH S 00-06-41 W 200 FT TH TO THE N BNDY OF SW 1/4 TH N 89-26-41 E 259.23 FT TH S 1321.55 FT TH S 89-16-04 W 1041.97 FT TH S 00-03-2 5 W 637.74 FT TH S 89-14-41 W 520.78 FT TH N 1964.32 FT TO POB EXC RD ROW BEING MORE PARTICULARLY DESC AS: COM AT THE W 1/4 COR OF SEC 6 TH N 89-26-41 E 25 FT TH S 00-00-00 E 1156.37 FT TO THE POB TH N 89-16-04 E 26.36 FT TH S 00-00-00 W 782.81 FT TH S 44-53-26 E 35.02 FT TH S 89-14-41 W 51.08 FT TH N 00-00-00 E 807.96 FT TO THE POB EXC EXC RD ROW BEING MORE PARTICULARLY DESC AS: COM AT THE W 1/4 COR OF SEC 6 TH N 89-26-41 E 25 FT TO THE POB TH N 00-00-00 W 200 FT TH N 89-26-42 E
  • Tax Year:

    2017
  • Property Type:

    Land
  • Special Listing Conditions:

    None

Description

$999,900

Commercial/multifamily use, 59.81 acre property is slightly irregular in shape. it is situated along the east side of northwest martin luther king jr. avenue (northwest 16th avenue) and the north side of northwest 22nd street in ocala, florida. based on public record information, the site has 2,164.32 feet of frontage along the east right-of-way of northwest martin luther king jr. avenue and 494.42 feet of frontage along the north right-of-way of northwest 22nd street.the north boundary extends eastward for a distance of 1,278.13 feet from martin luther king jr. avenue. infrastructure for retention is already in place as well as fire hydrants. the site has level to gently rolling topography. electrical utilities are available at the site. the property is located at the northern region of the ocala city limits. municipal water service is currently available at the site. however, municipal sewer lines end about 200 feet south of the site and would need to be extended at the owner's expense. access to the site is very good. its significant amount of road frontage along martin luther king jr. avenue and northwest 22nd street provides the site with easy access from the north or south. its close proximity to us highway 441 (north pine avenue) about 1/2 mile to the east provides easy access from the site into a highly concentrated business area of north ocala. the r-3 zoning designation is multiple family residential zoning classification which ultimately is its highest and best use.

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