reThought Real Estate

For sale· 5 days on market

0000 MARION OAKS

Ocala, FL, 34473·MLS# OM718664

$139,000

Estimated $910/mo estimated

0.56 ac
Lot size
  • New listing
  • Land
  • 0.56 acre lot

About this home

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.

Facts & features

Property

Type
Land
Lot size
0.56 acres

Financial

Annual taxes
$465

Estimate your monthly payment

$27,800

$910/ month estimated

  • Principal & interest$725
  • Property tax$127
  • Insurance$58

Illustrative estimate — not a lending offer.

Location

Ocala, FL

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Courtesy of EXP REALTY LLC

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Listing data courtesy of EXP REALTY LLC. My request routes to reThought Real Estate in DashBrew CRM.

$139,000