DEVELOPMENT OPPORTUNITY NEAR HWY 35 & HWY 40 IN SILVER SPRINGS REDEVELOPMENT DISTRICT. CORNER 5.53 AC PARCEL ZONED R3. IDEALLY SITUATED CLOSE TO POST OFFICE, DAIRY QUEEN, DARRYL'S, WALMART, ALDI, OUTBACK, BOB EVANS & MULTIPLE SHOPPING CENTERS. WATCH VIDEO PROPERTY TOUR WITH SURROUNDING AREAS DEPICTED. ~ 5 MILES FROM DOWNTOWN OCALA. DEVELOPER'S AGREEMENT (ATTACHED IN DOC TAB) FOR 55 PLUS 50 UNITS DESIGNED AS 2 BED /2 BATH UNIT COMMUNITY TO BE CONSTRUCTED IN ACCORDANCE TO SILVER SPRINGS REDEVELOPMENT PLAN OF MARION CO FL. CONSTRUCTION TO COMPLY WITH FLORIDA VENACULAR ARCHITURE REQUIREMENTS, 50 UNITS COMPRISED OF 12 QUAD BLDG AND 1 DUPLEX BLDG. BONUS OPTION TO ADD 10 ADDITIONAL UNITS WITH THE PURCHASE OF 10 PROPERTY CREDITS FOR A TOTAL OF 60 UNITS. ADD'L UNITS REQUIRE REZONING FROM R3 TO PUD REQUIRED. COMPRISED AS 15 QUAD BLDGS FOR 60 UNITS. A LIST OF PROPERTY CREDIT PARTIES AVAILABLE UPON EXECUTED CONTRACT TOGETHER WITH THE SHORTER LIST OF THOSE PROPERTY CREDIT HOLDERS WHO HAVE ALREADY EXPRESSED INTEREST IN SELLING 10 PROPERTY CREDITS. PROJECT PRESENTATION INCLUDING A VIRTUAL QUAD BLDG WITH 2/2 WALKTHROUGH AVAILABLE TOGETHER WITH PROJECT FILES, QUOTES, ETC AVAILABLE FROM BROKER FOR A SEPARATE FEE. MARION CO PROP APPRAISER PROVIDED DEMS AS: 323' X 545' X 356' X 210' X 509'. MARION CO BLDG & ZONING INDICATED PROPERTY IS FLOOD ZONE X. PROPERTY INCLUDES AN EXISTING FREE STANDING STRUCTURE OF NEGLIGENT VALUE NOT WARRANTED. THE BLDG WOULD HAVE TO BE DEMOLISHED & REMOVED FOR DEVELOPMENT. VARIOUS GRANTS ARE AVAILABLE TO SUPPORT PROPERTY DEVELOPMENT. BUYER TO PERFORM THIER OWN DUE DILIGENCE TO VERIFY INFORMATION & SUITABLILITY. INFORMATION DEEMED ACCURATE BUT NOT WARRANTED.

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Data last updated at: 2021-03-05 03:49 PM EST