30
Map
0 SW 167th Loop
About This Property
Situated in a desirable residential area, this property offers convenient access to A Better Music Lesson (0.92 miles), a local school (1.67 miles), and highways (1.7 miles), with Marion Oaks approximately 2.54 miles away. The lot is located in Flood Zone X, a low-risk area outside the 100-year and 500-year floodplains, with no wetlands present, allowing for full lot utilization without environmental buffers or mitigation requirements.
Zoned R-1 (Single-Family Dwelling), the property supports low-density residential use, including single-family detached homes by right. Modular homes are allowed if they comply with the Florida Building Code. Mobile/manufactured homes, duplexes, townhomes, multifamily apartments, and ADUs are generally prohibited or require conditional use approval/rezoning. Max density is typically low (e.g. ~4-5 units/acre based on minimum lot size of ~7,500 sq ft). Note that the Florida Live Local Act may allow density bonuses for affordable housing projects but does not automatically override R-1 restrictions. Buyer should verify all zoning, setbacks, utility availability, and development requirements with the City of Ocala Planning Division.
The property is available for a self-guided tour. Subleasing is not permitted. This lot is not available for rent or lease.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$70,000
↓ $15K
(17.7%) | |
| Price Decreased | |||
| Nov 23, 2025 | Listed by Sunland Real Estate, LLC. | $85,000 | |
| Listed by Sunland Real Estate, LLC. | |||
| Jan 18, 2022 | No longer available | - | |
| No longer available | |||
| Jul 31, 2021 | Listed by OCALA REALTY WORLD LLC | $19,900 | |
| Listed by OCALA REALTY WORLD LLC | |||
| | |||
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1/4 AC LOT IN MARION OAKS
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| Jul 26, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017