7359 MIDWAY TERRACE, Ocala, FL 34472

Property Description

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.

Listing Status:

Active

Date Added:

October 4, 2026

Data Last Updated:

November 13, 2026 at 9:22PM

Listing Office:

ADAN INVESTMENTS REAL ESTATE GROUP, PLLC : 407-967-2867

Listing Agent:

Adan Ordonez : 407-967-2867

Contact:

407-967-2867

MLS ID:

S5158877

Location

• Road/Access: City Street
• Originating MLS: Stellar MLS
• County: Marion

Lot

• Zoning: R3SEC 05 TWP 16 RGE 23 PLAT BOOK J PAGE 094 SILVER SPRINGS SHORES UNIT 7 BLK 101 LOT 189007-0101-18
• Current Use: Multi Family

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple