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Photo of 63RD AVENUE

4

Map

Photo of 63RD AVENUE
Photo of 63RD AVENUE
$209,000
● Land - For Sale

63RD AVENUE

OCALA, FL
bedrooms
Studio
bathrooms
0 Bath
$1,129
Est. Monthly

About This Property

Build-ready investment opportunity in the heart of Ocala. This vacant lot comes with approved permits to build 3 duplexes for a total of 6 doors, and the price includes the complete engineering and construction plans. Each duplex offers 2,280 sq ft under air, with each side featuring a 2-bedroom, 2-bath layout (see photos for floor plans). Septic and site engineering are fully paid and complete, so you can break ground right away.

Looking to scale? Three additional parcels are also approved and ready to build, including duplex and quadplex sites.

Investors have options. Queen Homes can build the duplexes for you, with property managers ready to lease the units once complete. You're also welcome to purchase the land and build with your preferred builder. Contact us for more information.
Unit Size
-
Days on Market
26 days
Land Size
0.83 acres
Price per sqft
-
Property Type
Land
Property Taxes
$102
HOA Dues
-
Year Built
-

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 26 days ago (Stellar MLS #O6442437)

Price History

Date / Event Date Event Price
Oct 3, 2026 Listed by LPT REALTY, LLC $209,000
Listed by LPT REALTY, LLC

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 36155
Lot Size Units: Square Feet
Lot Size Acres: 0.83
Lot Size Square Feet: 36155
Lot Size Dimensions: 200 x 180
Tax Lot: 2
Water Source: Public
Financial Details
Tax Annual Amount: $1,224
Utilities Details
Sewer : None

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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STELLAR

Listed by: Yuri Gomez, PA
LPT REALTY, LLC
Last Updated: 26 days ago
Data Source: Stellar MLS, MLS# O6442437
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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