94 Sw Fort King Street, Ocala, FL 34471

$960,000
List Price
$960,000
Status
Active
Days on Market
77
MLS#
S5071293
Lot Size
12,632
Acres
0.29
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Old Survey
MLS Area Major
Ocala

Property Description

**** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified **** Historic Downtown Property with High Density Zoning that allows a multitude of uses. The property is currently used as a 45 space surface parking lot for all the nearby bars, restaurants, and retailers however it could be transformed into almost any use imaginable. Multifamily, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more. The possibilities are nearly endless. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. The site is a located on the same block as the new Mellow Mushroom restaurant and only 2 blocks from the City Square. Across SW 1st Avenue is the soon to be constructed One Fort King Townhomes project. The project has submitted drawings to the city for it’s 24 unit project. The property value for this property will only increase with time as more nearby land gets redeveloped. Seller has concept design and 3D images for the proposed design available. **** This property is in a qualified Federal Opportunity Zone AND New Market Tax Credit Qualified ****

Additional Information

Taxes
$2074
Location
Buildable, Central Business District, Corner Lot, City Limits
Community Features
No Deed Restriction
Zoning
B-3
Utilities
Other
Pool
No Pool
Flood Zone Code
X
Parcel ID
2853-047-003
Legal Description
SEC 18 TWP 15 RGE 22 PLAT BOOK E PAGE 001 OLD SURVEY OCALA W 1/4 BLK 47

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of REMAX PREMIER PROPERTIES.

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