10 Beds
5 Baths
2,966 SqFt
10 Beds
5 Baths
2,966 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 2,966 sqft
Price per Sqft $107
Subdivision Florida Orange Grove Lt 275
MLS Listing ID TB8478451
Bedrooms 10
HOA Y/N No
Year Built 1969
Annual Tax Amount $1,081
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 133x82
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
Income is in place from day one, allowing an investor to step into an operational asset with immediate returns. With leases currently in place, the portfolio offers both short-term income continuity and long-term flexibility for future value enhancement at the buyer's discretion.
Each parcel is individually positioned yet assembled to create scale, operational efficiency, and strategic leverage. The properties provide workforce housing in a corridor experiencing strong population growth, infrastructure expansion, and sustained rental demand driven by in-migration and employment growth.
Ocala continues to benefit from major corporate and regional investment, including new distribution facilities developed by nationally recognized operators such as FedEx and AutoZone. The internationally recognized World Equestrian Center — the largest equestrian complex in the United States — generates year-round tourism, seasonal residency, and ongoing housing demand.
Strategic Central Florida Location:
• Approx. 75 miles to Orlando International Airport
• Approx. 1 hr 20 min to Daytona Beach
• Approx. 1 hr 30 min to Clearwater Beach
• Direct access to I-75 connecting Tampa, Orlando, and North Florida
This central positioning enhances tenant appeal while reinforcing long-term land value fundamentals.
Investment Highlights:
• Tenant-occupied with income in place
• Multi-parcel assemblage increases flexibility
• Opportunity for phased improvements and rental optimization
• Attractive hold-and-enhance or long-term land-bank strategy (buyer to verify zoning and land-use options)
As Marion County continues to attract logistics, industrial, and tourism-related growth, assembled multi-parcel income opportunities remain limited. This portfolio provides immediate cash flow with built-in flexibility to execute a tailored improvement or redevelopment plan over time.
All parcels in this listing convey together. Serious investors and developers should evaluate this opportunity promptly.
REF: TB8478427 , TB8478180
Location
State FL
County Marion
Community Florida Orange Grove Lt 275
Area 34480 - Ocala
Zoning R4
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Mini-Split Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected
Roof Type Other
Garage false
Private Pool No
Building
Foundation Pillar/Post/Pier
Lot Size Range 1 to less than 2
Sewer Septic Tank
Water Well
Structure Type Metal Siding
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8478451
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