Buy & Build (Approved Development): 210 W Blvd, Ocala, FL 34475 + $5,980,000
- Promise Land Realty
- Sep 25, 2025
- 4 min read
Updated: Nov 24, 2025
Hotel Investment Opportunity
Price
$5,980,000
Off-Market Development Portfolio — Ocala, FL
Asking Price: $5,980,000 | Location: 94 & 110 SW Fort King St, Ocala, FL
Zoning: Opportunity Zone | Status: Fully Entitled / City Fees Prepaid
Downtown Ocala Mixed-Use Development Corridor
Available is a premier off-market development opportunity in the heart of Historic Downtown Ocala, positioned directly within one of Florida’s most rapidly growing investment corridors.
This unique offering includes a fully entitled 24-unit luxury townhome development with prepaid city fees and proximity to the upcoming 6-story AC Hotel by Marriott — a flagship hospitality development scheduled to break ground later this year. Together, these projects represent a transformative downtown renaissance, driven by urban revitalization, healthcare growth, and strong housing demand.
Project 1: 24-Unit Townhome Development
Fully Entitled & Approved by the City of Ocala
City Fees Prepaid for all 24 units
Estimated Construction Cost: $160/SF (≈ $4.6 M total)
Opportunity Zone & CRA Eligible — potential for financial participation from the City
Company & HOA By-Laws Established (plug-and-play structure for investors)
JV & Co-Development Options Available
Rental Range: $3,000 – $3,800 per month
Sales Comps: 302 Broadway closed at $370/SF; Active Listings $370 – $450/SF
Neighboring Anchor: AdventHealth Ocala (~0.5 mi, 3,100 employees)
Location Advantages: Walkable to downtown restaurants, shops, and nightlife; prime infill location with strong absorption and investor demand.
Project 2: AC Hotel by Marriott – Downtown Ocala
Brand: AC Hotel by Marriott
6 Stories | ~130,000 SF | 176 Guest Rooms
Rooftop Restaurant & Speakeasy
Bar & Lounge
Prime Downtown Location on Silver Springs Blvd
Former European Car Clinic Site (now cleared & ready for construction)
Construction Start: Next Quarter
This Marriott-branded hotel will serve as a flagship hospitality destination for the region — reinforcing the area’s transformation and supporting increased short-term and long-term housing demand.
Financials & Photos: Google Drive Link
Why Investors Love This Corridor
Urban infill in a walkable, historic downtown
City-prepaid fees and completed entitlements reduce time & risk
Opportunity Zone & CRA incentives enhance returns
Nearby $50M+ in active redevelopment, anchored by the Marriott AC Hotel
Proven exit strategy options: build-to-rent or sell fee-simple upon completion
Next Steps
All inquiries, offers, and JV proposals should be directed to:
Serious inquiries only. Please do not disturb ownership or site personnel.
Submit All Offers & Inquiries Directly To: investments@promiselandrealtyllc.com
This is an off-market solicitation; please do not disturb area occupants or ownership.
Property Map
Inquiries & Offers: Promiseland Realty
TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $500 non-refundable portion of the Earnest Money Deposit is due from all interested buyers prior to contract execution. This initial deposit secures buyer priority, covers preliminary processing and verification costs, and confirms buyer intent. Proof of Funds is required with all offers. The remaining Earnest Money Deposit is due within 48 hours of an accepted offer. All closings are handled by a licensed title company or closing attorney.
Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
OFFICIAL PROMISELAND LENDING PARTNER
100% Financing for Rehab Projects
Powered by Residential Capital Partners
ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.
🔹 100% Financing – Covers purchase + rehab
🔹 Fast Closings – ~10 days
🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)
🔹 Loan Size – $75K–$1.25M
🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien
🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props
Nationwide Coverage (Excludes: AK, AZ, NV, PA)
Proof of Funds Available
This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509
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Trusted by 50,000+ Investors. Featured on BiggerPockets:
PROMISELAND DISCLAIMER:
Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.
No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.
All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.
A $1,000 non-refundable Commitment Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.
Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.
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