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About this home
SW 137th St is a home in Marion Oaks Un 09, Ocala. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Take advantage of this compelling multifamily development opportunity in Marion Oaks. This spacious 0.57-acre vacant parcel is zoned RPUD, and a preliminary concept plan indicates the potential to develop up to eight residential units, subject to governmental review and approval. Located in southwest Ocala, the property offers convenient access to I-75, schools, shopping, services and the Trailhead Industrial Park area. Electric service is available at the site. Public water and sewer lines are not currently located at the property. Buyer must independently verify the proposed eight-unit density, zoning, permitted uses, utilities, extension and connection requirements, costs, permitting and development feasibility with Marion County and the applicable utility provider. An attractive opportunity for a builder or investor seeking a multifamily project in an active development area.
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
$110,000
Time on market
3 days
Monthly payment
About $702/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $872 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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