Bahia Luxe Village – 15 Townhome Development
Ocala, Marion County, FL
Development Investment OpportunityWe present an exclusive investment opportunity in Ocala's premier residential market: Bahia Luxe Village, a 15-unit luxury townhome development. This premium project offers investors a unique combination of prime location, favorable zoning, and strong market fundamentals.
Land Acquisition
Securing the Foundation for Bahia Luxe Village
THIS IS GOLD FOR INVESTORS! You cannot go wrong with this investment in the rapidly growing city of Ocala. These two contiguous corner lots, totaling nearly 1 acre of R3-zoned, urban residential land, are a true home run for investors—completely cleared and ready for development.
Located in a prime area next to the Walmart Supercenter entrance, Maricamp Rd, Walgreens, CVS, Publix, gas stations, restaurants, and more, this property sits in a high-density, high-demand corridor. Just 10 minutes from Silver Springs State Park and 14 minutes from downtown Ocala, the site offers unmatched convenience and accessibility for future residents.
The property is approved for up to 15 multifamily units, with a minimum of 7 units possible, subject to review and approval by relevant departments. All applicable codes and regulations apply, ensuring a compliant and high-quality development opportunity. This is a rare chance to secure a premium multifamily site in one of Florida's most dynamic markets—an opportunity you do not want to miss!
Development Site Map
GIS Map (PDF)
Area Highlights
Things to Do & See
- Silver Springs State Park: ~7 miles away. Crystal-clear springs, glass-bottom boat tours, hiking, kayaking, and wildlife viewing.
- Florida Horse Park: ~8 miles. Family-friendly equestrian events, horse shows, and interactive experiences.
- Ocala Downtown Square: ~9 miles. Shops, restaurants, and community events in a vibrant piazza.
- Silver Springs Shores Community Center: Pool, fitness area, youth center, and organized events.
- Parks & Trails: Numerous parks and the Cross Florida Greenway for outdoor recreation.
Nearby Amenities
- Grocery Stores: Walmart Supercenter, Publix, and more within a few miles.
- Restaurants: Options from casual to upscale, including Cristina's Subs & Suds, Johnny's Pizzeria, and Flying Boat Tap Room.
- Shopping: Roses Discount Store, Market of Marion, and other retail options nearby.
- Schools: Emerald Shores Elementary, Lake Weir Middle, and Lake Weir High in the vicinity.
Development
In this stage, the vision for Bahia Luxe Village comes to life with the development of 15 modern townhome units. Our process includes collaborative planning and unlimited design revisions, followed by a comprehensive set of engineering-integrated construction documents. We work closely with contractors and civil engineers to ensure every detail—from foundation and framing to electrical and site plans—meets Marion County permit standards and full Florida Building Code compliance. All documents are sealed by a licensed professional engineer, guaranteeing quality and code adherence throughout the project. Each unit will feature granite countertops in all kitchens and bathrooms, and luxury waterproof vinyl flooring throughout for a modern, durable, and elegant finish.
Conceptual Renderings
Supported Documents
Average Service Costs
Sellout
The sellout phase is designed to maximize investor returns through a strategic, data-driven approach to marketing and sales. Our team will leverage a combination of targeted digital campaigns, local broker partnerships, and direct outreach to qualified buyers seeking premium rental properties in the Ocala market.
We anticipate strong demand from both local professionals and out-of-state investors, given the area's rapid growth and limited supply of new, high-quality rental units. The project's modern amenities, energy-efficient design, and prime location near major employers and downtown Ocala make it highly attractive to discerning tenants and buyers alike.
Based on current market absorption rates and comparable sales, we expect a robust sellout process. Our pricing strategy is informed by recent transactions of similar properties, ensuring competitive positioning while maximizing value. The comparables below provide further validation of our projected exit values and support the investment case for Bahia Luxe Village.
| Unit Type | # Units | Size (sqft) | Avg Price/Unit | Total Revenue | Est. Sell Time (Months) |
|---|---|---|---|---|---|
| 3-Bed / 2-Bath | 15 | 1,400 | $369,600 | $5,544,000 | 6–8 months |
| Metric | Value |
|---|---|
| Total Units | 15 |
| Unit Size | 1,400 sqft |
| Total Buildable Sqft | 21,000 sqft |
| Avg Price per Unit | $369,600 |
| Total Sellout Value | $5,544,000 |
| Real Estate Commission (4%) | $221,760 |
| Net Expected Revenue | $5,322,240 |
Comparables
| Address | Size (SqFt) | Price | Price/SqFt | Year Built | Notes |
|---|---|---|---|---|---|
| 6364 Lake Smith Cir | 1,632 | $445,000 | $272.67 | 2007 | End unit, Windermere |
| 9658 Amber Chestnut Way | 1,503 | $449,000 | $298.74 | 2019 | Near Disney, newer build |
| 10065 Salt Point Dr | 1,567 | $450,000 | $287.17 | 2021 | D.R. Horton build |
| 11740 Water Run Aly | 1,569 | $440,000 | $280.43 | 2016 | Pending sale, Ashlin Park |
| 687 E Plant St | 1,688 | $489,000 | $289.69 | 2019 | Historic downtown Winter Garden |
| 11861 Vermillion Ave | 1,600 | $450,000 | $281.25 | 2015 | Renovated, modern upgrades |
| 9654 Emerald Berry Dr (SOLD) | 1,503 | $450,000 | $299.40 | 2019 | Closed sale, very similar to Amber Chest. |
| 8412 Coventry Park Way (SOLD) | 1,692 | $460,000 | $271.87 | 2015 | Good standard comp |
Projected Investor Returns
The figures presented below represent preliminary projections based on current estimates. Actual investor profits and return on investment (ROI) may vary and will be determined by final financial outcomes upon project completion.