7359 Midway Ter, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot37,026 sqft

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About this home

7359 Midway Ter is a home in Silver Spgs Shores 07, Ocala. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

READY TO START CONSTRUCTION: Fully approved 12-unit multifamily development in Ocala. This construction-ready opportunity gives a builder or investor a valuable head start by eliminating the lengthy entitlement, site-planning and architectural design process. The approved project package is already in place, allowing the buyer to move forward with construction coordination and mobilization instead of spending months taking a project through approvals. Located at 7359 Midway Terrace, parcel 9007-0101-18 includes architectural plans, site-development documents and conceptual renderings. Marion County records identify the project as Midway Terrace Apartments under Major Site Plan 2023050074 / 30183. The approximately 0.85-acre, R-3-zoned site offers convenient access to SE Maricamp Road, shopping, services and major area routes. Offered at $340,000. An exceptional opportunity to secure an approved multifamily project and accelerate the path from acquisition to construction in Central Florida. Renderings are conceptual and do not depict completed construction. Seller will provide the available approval and project-document package for review. Buyer to independently verify approval transferability, utilities, impact fees, dimensions, zoning, density and development requirements.

The essentials

On market
15 days
Annual tax
$1,280
Flood zone
X · Low risk
Lot
37,026 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$2,050/mo
Down payment (20%)
$68,000
Property taxes
$107/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
37,026 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
15
Flood Zone x
Annual Tax (2025)
$1,280
Parcel #
9007-0101-18

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Silver Spgs Shores 07
County
Marion
MLS Area
34472 - Ocala
Lot Size
37,026 sqft
BuildableIn CountyPaved

Price history

Date
Event
Price
10/4/2026
Listed for sale
Source: Stellar MLS #S5158877
$340,000

Neighborhood

7359 Midway Ter
Ocala, FL, 34472 · 34472 - Ocala

Calculator

Est. monthly payment
$2,050/mo
Principal & interest$1,773
Property taxes$107
Insurance$170
Down payment20% · $68,000
Interest rate6.80%
Loan term

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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

$340,000

Time on market

15 days

Monthly payment

About $2,050/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,280 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.

Have another question?

Brokered byADAN INVESTMENTS REAL ESTATE GROUP, PLLCListing agent: Adan OrdonezListing data from Stellar MLS, MLS# S5158877.

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