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BAHIA TERRACE DRIVE

Lots/Land For Sale
$450,000

BTC: 7.01809108

ETH: 236.51347601

86 days
0 room(s)

Overview

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.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.68 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$80,000
$53K – $193K
Confidence Low
List vs. estimate
$370K above estimate
List $450,000 · +462.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,204
2025
All facts and features
  • Lot

    • Lot: 0.68 Acres

    Other Property Information

    • Parcel Number: 9007008815

    • Zoning: R3

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $1,204

  • Source details

    • MLS ID: O6401421

    Other facts

    • Lot Features: Unincorporated

    • Water Source: See Remarks

    • Lot Size Dimensions: 50 x 293

    • Subdivision Name: SILVER SPGS SHORES UN 07

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC