CITY UTILITIES AREA | R-2 ZONING | DEVELOPMENT OPPORTUNITY
Excellent opportunity to acquire an affordable residential infill lot near downtown Ocala, located within the City of Ocala and a designated redevelopment area.
632 SW 2nd St, Ocala, FL 34471
PROPERTY OVERVIEW
Lot Size: 0.13 Acres | Approx. 5,600 Sq Ft
Dimensions: Approx. 50 × 112 Ft
Zoning: R-2 Two-Family Residential
Parcel ID: 2851-100-001
Jurisdiction: City of Ocala
Utilities: City Sewer Service Area | City Water Nearby
Flood Zone: FEMA Zone X
2025 Property Taxes: Only $138.13
INVESTMENT HIGHLIGHTS
Nearby newer home at 644 SW 2nd St reportedly valued around $226,000
R-2 zoning provides potential for residential development, subject to city approval
Located near downtown Ocala
Situated within a Federal Opportunity Zone
Located in the West Ocala Community Redevelopment Area (CRA)
Potential redevelopment incentives, subject to eligibility
Extremely low annual property taxes
THE OPPORTUNITY
Purchase this strategically located residential lot for only $20,000.
With R-2 zoning, nearby city utility infrastructure, and proximity to downtown Ocala, this property offers an attractive opportunity for builders and investors seeking affordable land.
Potential for single-family or qualifying two-family development, subject to zoning requirements, lot standards, and city approval.
TERMS: Cash | As-Is | Quick Close
Contact Oitice Ventures LLC for additional details and to submit an offer.
Buyer to independently verify permitted uses, buildability, utility connections, zoning, CRA/Opportunity Zone eligibility, flood study requirements, and all property information.
More About This Property
Nearby Deals
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.