$2,500,000

5292 SW 21st Place

OCALA FL, 34474

Description

42 unit apartment building on 2 parcels that total nearly 40 acres! 26 units are complete with a breakdown of 7 units that are 1 bedroom, 13 units are 2 bedroom 21/2 bath units, and 6 units are 3 bedroom 2 baths! 16 units are not completed and need to go through permitting and licensing. There are additional paved roads that can add more apartment tha would all need to be permitted. Existing apartments take up less than 30% of the acreage. Great possibilities for developer as apartment in the area are doing well! Property needs some work but has great potential as the location is excellent with great possibilities for expansion!

Details

MLS#OM534847
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1983
Days On Site18

Features

Units42
Building(s)84

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Area Information

StateFL
CountyMarion
CityOCALA
Zip Code34474
Area34474 - Ocala
Listing VS Median (in 34474)
Price:
$2,500,000
low | high
Med:
$173,000
100% of Average
On Site:
18
low | high
Med:
18
100% of Average
Listing Updated: 02/25/2020
MLS Number: OM534847
Listing Provided By:
Walter Borgen  of  RE MAX SIGNATURE

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