0.85-Acre Approved 10-Unit Townhome Site in Ocala, FL | $445,000
000 Midway Terrace, Ocala, Florida 34472
Marion County • Silver Springs Shores Unit 7
$445,000 — Reduced From $495,000
Zoned R3 • Approved for 10 Townhome Units
The Opportunity
A rare, ready-to-build opportunity in Ocala’s Silver Springs Shores Unit 7: a 0.85-acre parcel that has already secured Marion County approval for a 10-unit townhome community.
With entitlements in place, much of the pre-development groundwork — the part that slows most projects down — is already done. The seller has drastically reduced the asking price, making this a strong basis for a builder or investor looking to move directly into construction with minimal delay.
Why This Site
- County approval already secured for 10 townhome units — skip the entitlement timeline.
- Asking price cut from $495,000 to $445,000: motivated seller, room to negotiate.
- Paved city-street frontage on Midway Terrace with easy access from SE Maricamp Rd / FL-464.
- Low carrying cost while permitting: 2024 taxes were just $1,801.
Property & Approval Details
Legal Description: Silver Springs Shores Unit 7, Block 101, Lot 15 (Plat Book J, Pg. 094)
Tax ID / Parcel: 9007-0101-15
Lot Dimensions: 100 ft x 370 ft (37,026 SF)
County / Section: Marion County — Sec 05, Twp 16, Rge 23
2024 Taxes: $1,801
Road / Access: Asphalt, public city street (Midway Ter)
Ownership: Fee Simple — Owner: Luxtro LLC
MLS Numbers: S5133989 (Land) / S5133993 (Multi-Family)
Interested in This Property?
Contact Oscar Donado, Licensed Florida Real Estate Broker (BK3375420), for a private tour, full due-diligence package, or to discuss terms.
Phone: (786) 489-7713
Email: oscardonado@kismet2realty.com
Information deemed reliable but not guaranteed and should be independently verified with Marion County. Source: Stellar MLS. Offered subject to prior sale, price change, or withdrawal without notice. Buyer to verify all zoning, approvals, utility availability, and acreage prior to purchase.