For Sale
$1,295,000

13350 16Th Ave Ocala, FL 34473

4.23 acres, PUD zoned, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 4.23-acre parcel in Ocala, Florida, presents a remarkable multifamily development opportunity. Zoned PUD, it's approved for a 64-unit apartment complex, a project already envisioned as "Renaissance Apartments." The property boasts convenient access to SW 16th Avenue via both a proposed single-vehicle driveway and an emergency access point, enhancing safety and functionality. Its strategic location within a thriving commercial area places it amidst established national retailers including Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, and Taco Bell, ensuring high visibility and potential tenant appeal. The site benefits from proximity to Interstate 75 (83,246 AADT), just twelve miles south of historic downtown Ocala and fourteen miles south of Ocala International Airport. Ocala's reputation as the "Horse Capital of the World," with over 70,000 acres dedicated to thoroughbred breeding and training, further underscores the area's robust economic vitality and potential for strong rental demand. The property's APN is 41200-065-00. Asking price is $1,295,000, representing a land value of $306,147 per acre. This is a rare chance to acquire a prime development site in a rapidly growing market. The address is 13350 SW 16th Ave, Ocala, FL 34473.

Highlights

  • 4.23-acre parcel zoned PUD, approved for a 64-unit apartment complex (Renaissance Apartments).
  • Dual access to SW 16th Avenue: proposed single-vehicle driveway and emergency access point.
  • High-visibility location in a thriving commercial area, surrounded by national retailers (Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, Taco Bell).
  • Proximity to I-75 (83,246 AADT).
  • Located twelve miles south of downtown Ocala and fourteen miles south of Ocala International Airport.
  • Strong rental demand potential in Ocala, known as the "Horse Capital of the World," with over 70,000 acres dedicated to thoroughbred breeding and training.

Property Details for 13350 16Th Ave

Property type
Land
Lot Size (sq. ft)
184,259 SF

Location Insight

City
Ocala
County
Marion
State
Florida
Latitude
29.027876
Longitude
-82.153665

FAQs

What type of property is this?
Land - 4.23 acres, PUD zoned, high-traffic area.
Where is the land located?
The property is located at 13350 16Th Ave Ocala, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4.23-acre parcel zoned PUD, approved for a 64-unit apartment complex (Renaissance Apartments).; Dual access to SW 16th Avenue: proposed single-vehicle driveway and emergency access point.; High-visibility location in a thriving commercial area, surrounded by national retailers (Zaxby's, Tractor Supply, Dunkin', RaceTrac, Cracker Barrel, Taco Bell).
How can I contact the broker?
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13350 16Th Ave
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