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Land - OCALA, FL

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.

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Environmental Factors

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Source:First Street

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Source: ListHub, MLS# OM718664
Listing status: Active
Listing last updated: February 17, 2026 at 4:37 AM
Listing last checked: February 18, 2026 at 9:30 AM
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