KOVI Investments
KOVI Investments
Land
$2,999,000
Entitled residential development site in the City of Umatilla. Approx. 38.5 acres zoned PUD under an adopted Master Developer’s Agreement that allows up to 85 residential units (detached and attached single-family) plus C-1 neighborhood commercial uses. The City annexed the land, amended its land use and rezoned it in 2023 (Ordinances 2023-04, 2023-05 and 2023-06). The standards call for 14,500 sq ft minimum lots with 75 ft frontage, so a mix of homesites and townhomes fits the approved count. An engineer’s concept plan shows 49 single-family homesites, 36 townhome lots and over 3 acres of commercial frontage on SR 19. Two primary access points, on SR 19 and on Maxwell Rd. The site is inside Umatilla’s water and sewer service area, with city water lines on three sides and sewer just to the south, and the City reserves utility capacity under the agreement. Well-drained Candler sand soils (0-5% slope), flood zone X, with views of Lake Pearl across SR 19. Close to downtown Umatilla, schools and the Ocala National Forest. Boundary survey, environmental report, ordinances, developer’s agreement, concept and phasing plans, and soil and flood maps are available. Sold as one assemblage of three parcels.
Experience a rare expression of Old Florida WITHIN the Ocala…
$2,500,000
