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About this home
506 NE 22nd Ave is a home Ocala. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
So Many Opportunity's! Prime Development in Ocala City Limits. > Totaling 1.62 acres, this unique property consists of two separate parcels (1.08 acres and 0.54 acres) offering the ultimate flexibility for both homeowners and investors. Mostly cleared with beautiful mature trees, this site is a fantastic canvas ready for your next project. Currently 2 parcels 28244-000-00, 28246-000-00 zoned R-1 with potential for multi-family rezoning, the layout offers multiple exit strategies: build your private dream home on one lot and sell the other, build two single-family spec homes, or petition the City for a multi-family. Unbeatable, highly walkable location near local parks, shopping, and dining, with convenient access to City Transit. (Buyer to verify all measurements, zoning, and density potential with the City of Ocala.)
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$109,900
Time on market
24 days
Monthly payment
About $782/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,844 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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