Great lot to BUILD or INVEST. The Marion Oaks subdivision in Ocala, FL is one of the hottest real estate markets in the country. Builders including DR Horton, Century, K. Hovanian and LGI Homes are scooping up lots and building homes. Prices are rising so quickly that the County Assessor cant keep. The Marion Couty Assessors value for this lot went up 36.9% in 2023 and another 21% in 2024. The county continues to add infrastructure to this area with a major project to add public water in 2025. Smaller lots with water to the curb sell for at least $50K. Once water is available to this lot, it should be worth at least $55K considering how rapidly prices are rising in the area. A comparable lot 700 away sold for $46K on 12/9. This lot is listed at a 15% discount to that price.
Details:
Address: 0 SW 37th Circle
APN: 8005-0839-03
Latitude: 28.9918
Longitude: -82.1886