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Active - Land for sale

7359 MIDWAY TERRACE, Ocala, FL

Facts & features

Land Property type
41 days on Beycome
37,026 sqft Lot size

Why you’ll love it

READY TO START CONSTRUCTION: Fully approved 12-unit multifamily development in Ocala. This construction-ready opportunity gives a builder or investor a valuable head start by eliminating the lengthy entitlement, site-planning and architectural design process. The approved project package is already in place, allowing the buyer to move forward with construction coordination and mobilization instead of spending months taking a project through approvals. Located at 7359 Midway Terrace, parcel 9007-0101-18 includes architectural plans, site-development documents and conceptual renderings. Marion County records identify the project as Midway Terrace Apartments under Major Site Plan 2023050074 / 30183. The approximately 0.85-acre, R-3-zoned site offers convenient access to SE Maricamp Road, shopping, services and major area routes. Offered at $340,000. An exceptional opportunity to secure an approved multifamily project and accelerate the path from acquisition to construction in Central Florida. Renderings are conceptual and do not depict completed construction. Seller will provide the available approval and project-document package for review. Buyer to independently verify approval transferability, utilities, impact fees, dimensions, zoning, density and development requirements.

Translating description...

Listings courtesy of ADAN INVESTMENTS REAL ESTATE GROUP, PLLC as distributed by MLS GRID.

Listed by: Adan Ordonez • adanrealtor@adanordonez.com • ADAN INVESTMENTS REAL ESTATE GROUP, PLLC

Co-listed by: ADAN INVESTMENTS REAL ESTATE GROUP, PLLC

Source: Stellar MLS as distributed by MLS GRID, MLS#: S5158877 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$220,000$460,000
1%20%
0%90%
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Estimated monthly payment

$1,826/mo

  • Mortgage$1,719
  • Property tax$107
  • HOA fee
  • Homeowners insurance
Due at closing$270,300
Down payment held in escrow$68,000
Closing costs$5,100
beycome credit Est.$6,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$6,800 Credit back

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Travel times

About Silver Spgs Shores 07

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$340,000 Listed price

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$6,800 Credit back

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