







$139,000
About this home
Attention investors and developers. The county allows up to 12 units, up to three stories, making this a highly attractive multifamily development opportunity. City water and sewer will be required. Strong rental demand in the area. Average rents for 2-bedroom, 2-bath units are approximately $1,500 per month. At full capacity, 12 units could generate around $18,000 per month, or approximately $216,000 annually in gross rental income. Excellent potential for cash flow and long-term appreciation in a growing market. Ideal project for investors seeking high-return multifamily development.
Property details
- MLS #
- MFROM718664
- Property type
- Land
- Subdivision
- MARION OAKS UN 04
- Status
- Active
- Days on market
- 5
- On market date
- February 11, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.56 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 910
- Student:teacher ratio
- 16.3:1
- District
- MARION
- Enrollment
- 1,015
- Student:teacher ratio
- 22.6:1
- District
- MARION
- Enrollment
- 1,724
- Student:teacher ratio
- 23.3:1
- District
- MARION
Walkability
Blended score for OCALA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in OCALA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 17, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.







