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About this home
Bahia Terrace Drive is a home in Silver Spgs Shores Un 07, Ocala.
Development opportunity with prior site planning and engineering work completed. The property has been previously designed for a four-unit residential project, with plans, structural design, and supporting documentation available. Based on correspondence with the County, current zoning requirements support a minimum of 6 units with potential for higher density subject to utility availability and Marion County approval. A septic construction permit has been issued, and prior permitting activity has been initiated. Additional due diligence, including environmental and site considerations have been evaluated. This offers a strong starting point for a developer to step into a project with meaningful groundwork already in place to redesign and move forward with a compliant project. Located in an area experiencing continued residential growth. Buyer responsible for verifying zoning, density, utilities, environmental conditions, and all development requirements. For GPS reference only (NOT the subject property address), the subject property is located adjacent to the south of 157 Bahia Terrace Dr., Ocala, FL. Property boundaries and location details to be verified during due diligence.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$450,000
Time on market
175 days
Monthly payment
About $2,672/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,204 annual tax bill, insurance.
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