, Ocala, FL 34481

  • $33,000,000
  • $34,000,000
, Ocala, FL 34481
Active Completed
, Ocala, FL 34481
, Ocala, FL 34481
  • $33,000,000
  • $34,000,000

Overview

Property ID: HZOM667900
  • Farm, Residential
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Garages
  • 9524
  • Square Feet
  • 1967
  • Year Built

Description

Once-in-a-lifetime opportunity to own 704 pristine acres of equine culture and history in the ‘Horse Capital of the World,’ Ocala, Florida. Named ‘The Classic Mile Training Park,’ it is Ocala’s first public training facility for Thoroughbred training in Marion County. Situated on the 704 acres, you will find 24 barns with 748 horse stalls, 143 paddocks,n 106 feed rooms, 12 round pens, a ?-mile dirt track, a 1-mile dirt track, and a ? turf course, as well as 6 dwellings for onsite employees. For the barons of this land lies a luxurious custom-built estate home boasting 7,300 sq. ft., 4 bedrooms, 5 baths, an inground pool and spa, and views that will take your breath away. Beyond the beautiful granddaddy oaks and sprawling acres, the Classic Mile is located in an opportunity zone and is primed for future development. It is currently in phase 1 approvals known as ‘Classic Mile Farms,’ featuring 16 (10-acre mol) residential estate lots with 1 mile of improved roadway and a phase 2 proposal for an additional 24 (10-acre min) estate lots. Currently, under the zoning designation of A-1 Agricultural, permissible uses include single-family development with a minimum lot size of 10 acres/lot and a potential of 60+ lots, general farming with special use approvals required to allow airports, dude ranches, and riding academies, and much more. Also included in the sale is the rare opportunity to control the Southeast corner of W Hwy 40 (17,200 AADT) and SW 140th Avenue (2,150 AADT), a controlled signalized intersection of 15.13 +/- acres of RAC/commercial zoning permitting grocery markets, retail gas, a variety of shopping, and other agricultural-related commercial uses meant to service the daily needs of the residents in the area and reduce trips to urban areas, which is a rare zoning classification inside the highly coveted Farmland Preservation Area dedicated to protecting 200,000 acres in the Northwest Portion of the County and beautifying it for future pristine equine development opportunities. Located just 4 miles west of the 3000-acre renowned World Equestrian Center, an $800 million development, a multidisciplinary equine facility featuring 300 dedicated acres with climate-controlled arenas, hotels, shopping, venue halls, and residential development aimed to earn its fair share of the annual economic impact on the Ocala economy. According to thehorsecapital.com, the equine industry represents $2.62 billion in revenue each year. The Classic Mile is easily accessible, just 9.6 miles from Ocala International Airport (10 miles), and surrounded by a melting pot of 300 equine training facilities in Marion County, such as the FAST Aquatic Center (10 miles). Located in Marion County, part of the Ocala MSA, the 56th most populated city in Florida with a population soaring at 375,000 people and expected to be over 600,000 by 2050, boasting strong employment industries such as healthcare, manufacturing, logistics and distribution, biotech and research, and of course, the growing equestrian training and sports industry. With over $500 million in healthcare expansion underway at HCA Florida Health, Advent Health, and West Marion County Hospital, and other major US companies such as Amazon, Chewy, FedEx, Lockheed Martin, E-One, AT&T, Walmart, Publix Supermarkets, Cardinal LG, and Pella Windows all having headquarters in Ocala and a large employment base in the region.

  • Address
  • City OCALA
  • State/county FL
  • Zip/Postal Code 34481
  • Country US

Details

Updated on March 23, 2024 at 5:51 pm
  • Property ID: HZOM667900
  • Price: $33,000,000
  • Property Size: 9524 Square Feet
  • Land Area: 704 Acres
  • Bedrooms: 4
  • Bathrooms: 4
  • Garages: 2
  • Garage Size: x x
  • Year Built: 1967
  • Property Type: Farm, Residential
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
admin
  • admin

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
admin
  • admin