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About this home
2595 NW 21st Ave is a home Ocala. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
OPPORTUNITY ZONE Rarely does the market present three contiguous, fully entitled multifamily parcels ready for vertical development - but that's exactly what's available along NW 27th Avenue in Ocala's fast-growing West Oak Community. Each of these three parcels is approved for 250 multifamily units, for a combined 750 units of in-demand rental housing, situated within one of the region's most active growth corridors and inside a federally designated Opportunity Zone. Each parcel is offered at an asking price of $5,000,000.00. West Oak itself is a 200-acre master-planned community, entitled for up to 2,300 residential units - a mix of apartments, townhomes, and single-family homes - anchored by retail and an amenity center. Multifamily and single-family products elsewhere in the community are already delivering, giving investors and builders a proven, active market to step directly into.
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
$15,000,000
Time on market
68 days
Monthly payment
About $88,512/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $33,376 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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