Bahia Terrace Drive, Ocala, FL 34472

$450,000

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List Price
$450,000
Status
Active
Days on Market
95
MLS#
O6401421
Lot Size
29,621
Acres
0.68
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Silver Spgs Shores Un 07
MLS Area Major
Ocala

Property Description

Development opportunity with prior site planning and engineering work completed. The property has been previously designed for a four-unit residential project, with plans, structural design, and supporting documentation available. Based on correspondence with the County, current zoning requirements support a minimum of 6 units with potential for higher density subject to utility availability and Marion County approval. A septic construction permit has been issued, and prior permitting activity has been initiated. Additional due diligence, including environmental and site considerations have been evaluated. This offers a strong starting point for a developer to step into a project with meaningful groundwork already in place to redesign and move forward with a compliant project. Located in an area experiencing continued residential growth. Buyer responsible for verifying zoning, density, utilities, environmental conditions, and all development requirements. For GPS reference only (NOT the subject property address), the subject property is located adjacent to the south of 157 Bahia Terrace Dr., Ocala, FL. Property boundaries and location details to be verified during due diligence.

Additional Information

Taxes
$1204
Location
Unincorporated
Community Features
No Deed Restriction
Zoning
R3
Utilities
Electricity Available
Pool
No Pool
Elementary School
Greenway Elementary School
Middle School
Lake Weir Middle School
High School
Lake Weir High School
Flood Zone Code
X
Parcel ID
9007-0088-15
Legal Description
LOTS 15 AND 16, BLOCK 88, SILVER SPRIN SHORES, UNIT NO. 7, ACCORDING TO THE MAP OR PLAT THEREOF AS RECORDED IN PLAT BOOK J, PAGE 94

Listing courtesy of EXP REALTY LLC. 888-883-8509

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