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$450,000

0 Beds 0 Baths 0 SQFT 0.68 Acres
Type: Land

BAHIA TERRACE DRIVE
OCALA, FL 34472

MLS#: O6401421
Crosstown Commercial
Crosstown Commercial
The Real Estate Advantage
Chief Commercial Broker
Phone: 952.432.4900
Office: 651.272.4688
Presented by: EXP REALTY LLC with 888-883-8509. - 888-883-8509

Property Description

 

Development opportunity with prior site planning and engineering work completed. The property has been previously designed for a four-unit residential project, with plans, structural design, and supporting documentation available. Based on correspondence with the County, current zoning requirements support a minimum of 6 units with potential for higher density subject to utility availability and Marion County approval. A septic construction permit has been issued, and prior permitting activity has been initiated. Additional due diligence, including environmental and site considerations have been evaluated. This offers a strong starting point for a developer to step into a project with meaningful groundwork already in place to redesign and move forward with a compliant project. Located in an area experiencing continued residential growth. Buyer responsible for verifying zoning, density, utilities, environmental conditions, and all development requirements. For GPS reference only (NOT the subject property address), the subject property is located adjacent to the south of 157 Bahia Terrace Dr., Ocala, FL. Property boundaries and location details to be verified during due diligence.


 

Interior Features

Bathrooms

Total Baths0

General

Additional Parcels Y/NNo
Building Area Units0 sqft
CityOCALA
CountyMarion
Current UseUnimproved
DirectionsFrom I-75 N take exit 341 for SW Hwy 484 and turn left. Turn left on Marion Oaks Boulevard, then right onto 32nd Circle, then right on SW 35th Terrace. Property will be on the left just as you enter the cul-de-sac.
Elementary SchoolGreenway Elementary School
Flood Zone CodeX
Flood Zone Code XY
High SchoolLake Weir High School
Legal DescriptionLOTS 15 AND 16, BLOCK 88, SILVER SPRIN SHORES, UNIT NO. 7, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK J, PAGE 94
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet29,621 sqft
Lot Size UnitsSquare Feet
MLS Area34472 - Ocala
Middle/Junior High SchoolLake Weir Middle School
OwnershipFee Simple
Property TypeLand
SewerSeptic Needed
Standard StatusActive
StatusActive
Subdivision NameSILVER SPGS SHORES UN 07
Tax Annual Amount$1,204
Tax Year2025
UtilitiesElectricity Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
ZoningR3

Exterior

Lot Dimensions50 x 293
Lot FeaturesUnincorporated
Lot Size Acres0.68
Lot Size Area29,621 sqft
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt, Paved
Water SourceSee Remarks
Waterfront Y/NNo

Additional Details

Price History

  

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$450,000

0 Beds 0 Baths 0 SQFT 0.68 Acres
Type: Land

BAHIA TERRACE DRIVE
OCALA, FL 34472

MLS#: O6401421
Crosstown Commercial
Crosstown Commercial
The Real Estate Advantage
Chief Commercial Broker
Phone: 952.432.4900
Office: 651.272.4688