PRIME DEVELOPMENT PROPERTY ATTENTION INVESTORS & DEVELOPERS IDEAL MULTIFAMILY, SINGLE FAMILY OR MIXED USE. TWO DEVELOPMENT OPPORTUNITIES NEAR HWY 35 & HWY 40 IN SILVER SPRINGS REDEVELOPMENT DISTRICT. CORNER 5.53 AC PARCEL ZONED R3. IDEALLY SITUATED CLOSE TO WALMART, ALDI, OUTBACK, BOB EVANS, POST OFFICE, DAIRY QUEEN, DARRYL'S, WALMART, LOWES, MOJO'S, MUSEUM, PUBLIX & MULTIPLE SHOPPING CENTERS. WATCH VIDEO PROPERTY TOUR WITH SURROUNDING AREAS DEPICTED. ~ 5 MILES FROM DOWNTOWN OCALA. OPTION A: 55 PLUS 50 UNITS DESIGNED AS 2 BED /2 BATH UNIT COMMUNITY TO BE CONSTRUCTED IN ACCORDANCE TO SILVER SPRINGS REDEVELOPMENT PLAN OF MARION CO FL. (DEVELOPER'S AGREEMENT ATTACHED IN DOC TAB) CONSTRUCTION TO COMPLY WITH FLORIDA VENACULAR ARCHITURE REQUIREMENTS, 50 UNITS COMPRISED OF 12 QUAD BLDG AND 1 DUPLEX BLDG. BONUS OPTION TO ADD 10 ADDITIONAL UNITS WITH THE PURCHASE OF 10 PROPERTY CREDITS FOR A TOTAL OF 60 UNITS. ADD'L UNITS REQUIRE REZONING FROM R3 TO PUD REQUIRED. COMPRISED AS 15 QUAD BLDGS FOR 60 UNITS.. OPTION B: 88 UNIT TOWNHOMES DEVELOPMENT (16 UNITS PER AC DENSITY) . REQUIRES VACATING EXISTING DEVELOPER'S AGREEMENT TOGETHER WITH APPROVAL PROCESS. MARION CO PROP APPRAISER PROVIDED DEMS AS: 323' X 545' X 356' X 210' X 509'. MARION CO BLDG & ZONING INDICATED PROPERTY IS FLOOD ZONE X. PROPERTY INCLUDES AN EXISTING FREE STANDING STRUCTURE OF NEGLIGENT VALUE NOT WARRANTED. THE BLDG WOULD HAVE TO BE DEMOLISHED & REMOVED FOR DEVELOPMENT. VARIOUS GRANTS ARE AVAILABLE TO SUPPORT PROPERTY DEVELOPMENT. BUYER TO PERFORM THIER OWN DUE DILIGENCE TO VERIFY INFORMATION & SUITABLILITY. INFORMATION DEEMED ACCURATE BUT NOT WARRANTED. PROJECT PACKAGE INCLUDING INFORMATION AVAILABLE BY SEPARATE FEE. WITH A TEAM READY TO COMPLETE EITHER DEVELOPMENT PROJECT.