2595 NW 21ST AVE, OCALA, Marion, Land – MLS #OM729688

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.