
$340,000
7359 Midway TerraceOcala, FL 34472
Listing updated: October 10, 2026 at 5:07 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
READY TO START CONSTRUCTION: Fully approved 12-unit multifamily development in Ocala. This construction-ready opportunity gives a builder or investor a valuable head start by eliminating the lengthy entitlement, site-planning and architectural design process. The approved project package is already in place, allowing the buyer to move forward with construction coordination and mobilization instead of spending months taking a project through approvals. Located at 7359 Midway Terrace, parcel 9007-0101-18 includes architectural plans, site-development documents and conceptual renderings. Marion County records identify the project as Midway Terrace Apartments under Major Site Plan 2023050074 / 30183. The approximately 0.85-acre, R-3-zoned site offers convenient access to SE Maricamp Road, shopping, services and major area routes. Offered at $340,000. An exceptional opportunity to secure an approved multifamily project and accelerate the path from acquisition to construction in Central Florida. Renderings are conceptual and do not depict completed construction. Seller will provide the available approval and project-document package for review. Buyer to independently verify approval transferability, utilities, impact fees, dimensions, zoning, density and development requirements.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history6 days on market
- Status: ActiveOct 5, 2026
- Listed$340,000Oct 4, 2026
- Price increased$340,000
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
- Architectural Plans - Midway 12-Plex - Part 1 of 4 (Pages 1-10)PDFView / Download ↓
- Architectural Plans - Midway 12-Plex - Part 2 of 4 (Pages 11-20)PDFView / Download ↓
- Architectural Plans - Midway 12-Plex - Part 3 of 4 (Pages 21-29)PDFView / Download ↓
- Architectural Plans - Midway 12-Plex - Part 4 of 4 (Pages 30-39)PDFView / Download ↓
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 6
- Subdivision
- Silver Spgs Shores 07
- County
- Marion
- Price/sq ft
- $9
- Lot size
- 37,026 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- x
- Annual taxes
- $1,280 (2025)
- Parcel #
- 9007-0101-18
- Zoning
- R3
- MLS #
- S5158877
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Interior Details
- Direction faces
- East
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-10-04
- On market date
- 2026-10-04
- Original list price
- $340,000
- MLS area
- 34472 - Ocala
- Listing AOR
- Osceola
- Status changed
- 2026-10-05
- Tax legal description
- SEC 05 TWP 16 RGE 23 PLAT BOOK J PAGE 094 SILVER SPRINGS SHORES UNIT 7 BLK 101 LOT 18
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From SE Maricamp Road, travel south on Midway Road and turn onto Midway Terrace. Property is located at 7359 Midway Terrace. Use GPS for final routing.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 10, 2026 at 5:07 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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