94 SW FT KING, OCALA, FL 34471
Marion County
Key Facts
Description
In the heart of fast growing downtown Ocala for sale is this fully functioning 45 space parking lot. This parking lot is vital to the downtown area and provides a great location for visitors. Weekends, holidays and events bring parking challenges with the towns main garage even reaching full capacity. The parking equipment is currently leased and the buyer can continue the lease or have the equipment removed. The parking lot can be redeveloped into 12 Town homes, 20+ condos, Mixed-Use, Restaurant, Bar, Brewery, Spa Salon, Boutique Hotel, Event Venue and more if desired. The owner has designed the site for a future 24 unit apartment project but you could do whatever you want with the property. The Concept design is included with the sale. The seller has a recent survey available which also would be transferred with the sale along with an Environmental study indicating the site is clean. Across the street, 110 SW Fort King (vacant lot) is also for sale by the same owner. See MLS listing OM707230 The property value for this property will only increase with time as more nearby land gets redeveloped. The seller has a concept design and 3D images for the proposed design available.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
2022
Living Area
0.1 sq ft
Lot Size
0.29 acres
Ownership
Sole Proprietor
Days on Market
232
MLS® Listing#
OM707323
Property Features
Cooling
Construction
Foundation
Financial Details
Annual Taxes
$5,672
Tax year 2024
Parcel Number
2853-047-003
Directions
Take Hwy 75 and exit Hwy 40 east, Continue on Hwy-40 to Downtown Ocala 7 min, Turn right onto SW 1st Ave, Destination will be on the left after two blocks
Affordability Calculator
$440,000
Estimated monthly payment
$11,709/mo
Principal $1,760,000 · Est. interest $2,455,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in OCALA, FL
- $314,623
- Median Listing Price
- 79
- Median Days on Market
- 1,737
- Median Sq Ft
- $176
- Median Price / Sq Ft
- 2,981
- Active Listings
- This home’s price is 599% above the area median.
- Its price per sq ft is 12510562% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in OCALA, FL.
Location
- 94 SW FT KING, OCALA, FL 34471
Points of Interest in OCALA, FL
Showing the OCALA area map.
Nearby Schools
Grace Episcopal School
School · 0.3 mi away
Osceola Middle School
Elementary · 0.3 mi away
Pace Center for Girls, Marion
Secondary · 0.3 mi away
Marion County Public Schools
School · 0.4 mi away
Eighth Street Elementary School
Elementary · 0.4 mi away
Drop Back in Academy
School · 0.7 mi away
Ambleside Ocala
School · 0.8 mi away
Angels in Arms
Elementary · 0.9 mi away
Madison Street Academy
School · 0.9 mi away
Wyomina Park Elementary School
Elementary · 1.0 mi away
Seventh-Day Adventist Church
School · 1.1 mi away
Dr N H Jones Elementary School
Elementary · 1.2 mi away
St John Lutheran Church
Secondary · 1.3 mi away
Howard Middle School
Secondary · 1.4 mi away
Marion County Acceleration Academy
School · 1.4 mi away
Fort King Middle School
Secondary · 1.5 mi away
The Cornerstone School
School · 1.6 mi away
Ocean's High School
Secondary · 1.7 mi away
Kid City USA
School · 1.7 mi away
First Assembly Christian School
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 880 NW 70TH TERRACE, OCALA, FL | $1,545,000 | 4 | 2 | 2,467 |
| 12941 SW 8TH AVENUE, OCALA, FL | $1,550,000 | 4 | 3 | 3,436 |
| 7137 & 7141 S MAGNOLIA AVENUE, OCALA, FL | $1,550,000 | 9 | 6 | 5,685 |
| 994 SW 37TH PLACE ROAD, OCALA, FL | $1,550,000 | 5 | 6 | 5,730 |
| 6692 SE 12TH CIRCLE, OCALA, FL | $1,550,000 | 4 | 4 | 3,359 |
| TBD NW HWY 225A, OCALA, FL | $1,575,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in OCALA
Listing Courtesy: OAKSTRAND REALTY - 888-912-5258
Last Updated: 2025-08-11