818 Oak, Ocala FL 34472

17.4 acres in the sought-after Silver Springs Shores area. $200k starting bid. The land currently boasts R3 zoning, allowing for varied residential uses. Situated on a lake with approval for 15 units per acre, the property offers the potential for high-density residential development. Desirable demographics include more than 172,500 residents with an average household income above $68,000 annually within 10 miles of the property. Only 19% of these residents rent as their primary form of housing, and there has been limited new inventory and an increasing renter demographic within the last few years, setting this asset up for success. Other points of interest nearby include the Baseline Golf Course, Lake Diamond Golf & Country Club, the Silver River Museum, and Silver Springs State Park.