Na SW 20 StreetOcala, FL 34474Price: $3,960,000

  • Price: $3,960,000
  • Est. Mortgage of $/month
  • 119 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,960,000List Price
Multifamily Development Alpha: 360-Unit "Ready-to-Vertical" Opportunity "Unlock 360 Units in Florida's Core Growth Corridor: An Entitled, Utilities-Ready Powerhouse for 2026 Delivery." Stop searching for raw land and start building. This isn't just a parcel; it's Phase 1 of a 40-acre master-planned destination in Ocala-recently ranked among the Top 10 Metros for Future Job Growth for five consecutive years. With off-site drainage already secured, every square inch of this 14.58-acre site is engineered for maximum yield and immediate vertical progression. Why Ocala? The 2026 Growth Narrative Ocala is no longer a "sleeper" market; in 2026, it is a primary industrial and healthcare hub. With a 2.22% annual population growth rate and a workforce shed exceeding 200,000 Multifamily Development Alpha: 360-Unit "Ready-to-Vertical" Opportunity "Unlock 360 Units in Florida's Core Growth Corridor: An Entitled, Utilities-Ready Powerhouse for 2026 Delivery." Stop searching for raw land and start building. This isn't just a parcel; it's Phase 1 of a 40-acre master-planned destination in Ocala-recently ranked among the Top 10 Metros for Future Job Growth for five consecutive years. With off-site drainage already secured, every square inch of this 14.58-acre site is engineered for maximum yield and immediate vertical progression. Why Ocala? The 2026 Growth Narrative Ocala is no longer a "sleeper" market; in 2026, it is a primary industrial and healthcare hub. With a 2.22% annual population growth rate and a workforce shed exceeding 200,000, the demand for workforce and luxury apartments is at an all-time high. Employment Synergy: Across from Carlton Arms and minutes from the College of Central Florida, regional hospitals, and major logistics hubs. Affluence Factor: Boasting an average household income of $82,649 within a 1-mile radius, this submarket supports premium rental rates. Reduced Capex: The off-site drainage agreement significantly lowers your horizontal development costs and simplifies the permitting timeline. The 1031 Exchange Alert Time is your only enemy. If you are facing a 1031 Exchange deadline, this property is the perfect "Safe Harbor" asset. Speed to Market: Zoned PD with entitlements and utilities in place. Irreplaceable Location: Positioned in a high-barrier growth corridor where entitled land is disappearing. Secure the First 360 Units Before the Window Closes. High-inventory absorption in Ocala means this Phase 1 opportunity will not last. This is the "Clean Slate" development that institutional investors crave. Investment highlights Entitled For Up to 360 Units City Water and Sewer available High Growth Market Close to Many Employers Close to 6 Hospitals and Healthcare Facilities Close to Ocala International Airport Close to Ocala Breeders Pavillion Facility Less Than 10 Minutes from World Equestrian Center Traffic Study Completed

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$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Ross M Kuflik of Compass Florida,LLC

Based on information submitted to BeachesMLS as of September 2, 2026 3:46 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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