





Description
Prime multi-family development opportunity located just off Highway 200 in one of Ocala’s most vibrant and rapidly growing corridors. The property consists of 5.21 acres zoned Shopping Center (SC) and comes fully entitled for a 160 unit, 73,276 SF, three-story apartment building, complemented by 155 garage parking spaces and 188 perimeter spaces. Fully engineered plans and approvals give a streamlined path to construction. Positioned behind two Class A medical...5.21 ± Acres | Zoned SC (Shopping Center)
Prime multi-family development opportunity located just off Highway 200 in one of Ocala’s most vibrant and rapidly growing corridors. The property consists of 5.21 acres zoned Shopping Center (SC) and comes fully entitled for a 160 unit, 73,276 SF, three-story apartment building, complemented by 155 garage parking spaces and 188 perimeter spaces. Fully engineered plans and approvals give a streamlined path to construction. Positioned behind two Class A medical and banking properties, with full access entrance from Hwy 200, this site sits directly North of the highly trafficked Publix Super Market at Heath Brook Commons and within minutes of the Market Street at Heath Brook, AdventHealth, Paddock Mall, and numerous retail, dining, and employment centers. With visibility and accessibility from SW 27th Avenue and Highway 200, this infill location is ideal for luxury apartments, assisted living facility , or mixed-use residential development and medical.
Property Details for 5350 Southwest College Road
Property Details for 5350 Southwest College Road
| Status | Active |
|---|---|
| MLS # | A4670024 |
| Days on Market | 57 |
| Taxes | $21,802 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 5.21 AC |
| County | Marion County |
Location
Building Information for 5350 Southwest College Road
Payment Calculator
$20,347 per month
30 year fixed, 6.28% Interest
$18,530
$1,817
$0
Property Information for 5350 Southwest College Road
- Building Area Units: Square Feet
- Direction Faces: Southwest
- Directions: Property located off of 5350 SW College Road just west of Publix at Heath Brook Commons Turn at Campus Credit Union. Parcel on left, faces entrance / exit to parking lot at Publix (see For sale sign on property) From I-75 North or South Bound Take Exit 350 -FL 200/ SW College Road toward Ocala Head West on FL-200/ SW College Road for 1.7 Miles Parcel is on the left (south) side of the Road approximately .5 miles past SW 43rd Court Road before reaching SW 60th Avenue Turn on 60th by Compass Credit Union
- Elementary School: Saddlewood Elementary School
- Middle Or Junior School: Liberty Middle School
- High School: West Port High School
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Street Number: 5350
- Street Direction Prefix: SW
- Street Name: COLLEGE
- Street Suffix: ROAD
- State: FL
- City: OCALA
- Available For Lease: No
- Tax Block: 2
- Tax Book Number: 013-105HEATH
- Tax Legal Description: SEC 04 TWP 16 RGE 21 PLAT BOOK 013 PAGE 105 HEATH BROOK SOUTH B-2 PARCEL 2 REPLAT PARCEL 2C
- Tax Lot: 2
- Tax Year: 2024
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/A4670024
- Additional Parcels: No
- Current Adjacent Use: Commercial, Multi-Family, Professional Office, Retail
- Current Use: Commercial
- Lot Features: Buildable, City Lot
- Lot Size Dimensions: 446.82 x 1021.65 x 1405.21 x 1915.49
- Parcel Number: 2389100002
- Total Acreage: 5 to less than 10
- Water Access: No
- Water Extras: No
- Zoning: SC
- Lot Dimensions: 446.82 x 1021.65 x 1405.21 x 1915.49
- Flood Zone Code: X
- Public Survey Range: 21E
- Public Survey Section: 04
- Dock YN: No
- Sewer: Public Sewer
- Utilities: Electricity Available, Public, Sewer Available, Underground Utilities, Water Available
- Water Source: Public
- Pool: None
- Pool Private: No
- Waterfront Feet Total: 0
- Living Area Units: Square Feet
- Water View: No
Property History for 5350 Southwest College Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 28, 2025 | Listed (Active) MFRMLS #A4670024 | — | |
| Oct 28, 2025 | Temporarily Off Market MFRMLS #A4670024 | — | |
| Oct 28, 2025 | Listed (Active) MFRMLS #A4670024 | $3,750,000 | — |
| Mar 4, 2022 | Sold (Public Record) Public Record #1485325551 | $1,250,000 | -3.1% / yr |
| Mar 4, 2022 | Sold MFRMLS #OM515229 | $1,250,000 | — |
| Jul 26, 2021 | Pending MFRMLS #OM515229 | — | |
| Jun 1, 2018 | Sold MFRMLS #OM515230 | $765,000 | — |
| May 30, 2018 | Pending MFRMLS #OM515230 | — | |
| Mar 10, 2017 | Listed (Active) MFRMLS #OM515230 | $841,579 | — |
| Mar 10, 2017 | Listed (Active) MFRMLS #OM515229 | $2,490,000 | — |
| Dec 31, 2016 | Expired MFRMLS #OM414019 | $2,490,000 | — |
| Jun 2, 2015 | Sold (Public Record) Public Record #549772494 | $1,550,000 | +4.7% / yr |
| Sep 16, 2014 | Expired MFRMLS #OM414020 | $841,579 | — |
| Sep 16, 2014 | Listed (Active) MFRMLS #OM414020 | $841,579 | — |
| Sep 16, 2014 | Listed (Active) MFRMLS #OM414019 | $2,490,000 | — |
| May 12, 2005 | Sold (Public Record) Public Record #158736868 | $980,800 | — |
| May 12, 2005 | Sold (Public Record) Public Record #158736869 | $2,135,300 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/28/2025 | Listed (Active) MFRMLS #A4670024 | — |
| 10/28/2025 | Temporarily Off Market MFRMLS #A4670024 | — |
| 10/28/2025 | Listed (Active) MFRMLS #A4670024 | $3,750,000 |
| 03/04/2022 | Sold (Public Record) Public Record #1485325551 | $1,250,000 -3.1% / yr |
| 03/04/2022 | Sold MFRMLS #OM515229 | $1,250,000 |
| 07/26/2021 | Pending MFRMLS #OM515229 | — |
| 06/01/2018 | Sold MFRMLS #OM515230 | $765,000 |
| 05/30/2018 | Pending MFRMLS #OM515230 | — |
| 03/10/2017 | Listed (Active) MFRMLS #OM515230 | $841,579 |
| 03/10/2017 | Listed (Active) MFRMLS #OM515229 | $2,490,000 |
| 12/31/2016 | Expired MFRMLS #OM414019 | $2,490,000 |
| 06/02/2015 | Sold (Public Record) Public Record #549772494 | $1,550,000 +4.7% / yr |
| 09/16/2014 | Expired MFRMLS #OM414020 | $841,579 |
| 09/16/2014 | Listed (Active) MFRMLS #OM414020 | $841,579 |
| 09/16/2014 | Listed (Active) MFRMLS #OM414019 | $2,490,000 |
| 05/12/2005 | Sold (Public Record) Public Record #158736868 | $980,800 |
| 05/12/2005 | Sold (Public Record) Public Record #158736869 | $2,135,300 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5350 Southwest College Road
Schools near 5350 Southwest College Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Fordham Early Learning Academy PublicPK to 2 | ||
Liberty Middle School Public6 to 8 | ||
West Port High School Public9 to 12 | ||
Hillcrest School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COMPASS FLORIDA LLC; BOYD REAL ESTATE LLC
Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.






