11 Acres Multi Family

1325 NW 7th Ave Ocala, FL 34475

1325 NW 7th Ave, Ocala, FL, 34475
Aerial Map
1325 NW 7th Ave, Ocala, FL, 34475 1325 NW 7th Ave, Ocala, FL, 34475 1325 NW 7th Ave, Ocala, FL, 34475 1325 NW 7th Ave, Ocala, FL, 34475 1325 NW 7th Ave, Ocala, FL, 34475
FOR SALE Incentives
Property Type:
Multifamily Land
Amount:
$225,000
Last Verified:
Feb 14, 2018

Highlights

  • Up to 132 Units
  • Great for Affordable Housing Development
  • City Water and Sewer

Description

11 acres of multi family land entitled for up to 132 units. Great location for workforce/affordable housing development. Located within the city of Ocala. City water and sewer available.

Located along Interstate 75 in North Central Florida, Ocala is a one-hour drive North of Orlando. Residents and businesses alike enjoy a high quality of life and a relatively low cost of living. Quality healthcare and one of Florida's lowest housing cost make Marion County a great place to live. The scenic landscape is graced by the pastoral beauty of more than 900 horse farms with plenty of green space for all to enjoy. Marion County is home to a diverse economy, blending horse farms and agricultural interests with a variety of business sectors.

Lot Size: 11.0 acres

Map of 1325 NW 7th Ave, Ocala, FL, 34475

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.