13350 16Th AveOcala, FL 34473

Property Details for 13350 16Th Ave

Year built

1993

Lot size

4.23 AC

Property size (Sq ft)

1,144 SF

Zone code

B2

Property type

Commercial real estate

APN

41200-065-00

APU

4120006500

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $271,937

  Hospitality

  $249,093

  Educational

  $207,243

  Medical

  $214,370

  Retail

  $322,377

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.0279

Longitude

-82.1537

CBSA code

36100

CBSA name

OCALA, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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