Property photo 1
Property photo 2
0 Baths

$3,960,000

Na SW 20 Street, Ocala FL, 34474

Price per sqft$6.24
Lot size14.58 Acres
Property typeLand

Overview

Active

Listed May 3, 2026

Updated 3 weeks ago

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

Additional information

MLS® ID
B26025664

Exterior Features

Lot Size
14.58 Acres

Other Property Details

Taxes
$45
Tax Frequency
Annually

Broker Reciprocity Courtesy of Compass Florida, LLC

 

Data last updated:9/14/2026.

 

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