
PineOakPreserve
88-Unit Single-Family Development
Eighty-eight single-family homes carved into the Ocala canopy.

What we're building
Pine Oak Preserve is an 88-unit single-family residential development on 16.58 acres of Marion County canopy land, PD-approved for high-density single-family use. Land is secured at $2,800,000 and Flood Zone X status keeps insurance and risk profiles low.
The product is the Innova house line: Mia (3 BR / 2 BA, 2,160 sq ft), Elina (3 BR / 2 BA, 1,683 sq ft), and Grettel (4 BR / 3 BA, 2,321 sq ft). Each home delivers the standard Innova materials package — granite countertops, luxury vinyl plank flooring, shaker cabinetry, energy-efficient envelope.
The details, end to end.
- Project Type
- 88-Unit Single-Family Build-to-Sell Development
- Land Size
- 16.58 acres
- Land Status
- Secured · ready for construction
- Land Acquisition
- $2,800,000
- Zoning
- PD — Single-Family (High Density), Marion County approved
- Flood Zone
- X (Minimal Flood Risk)
- Unit Count
- 88 single-family homes
- House Models
- Mia (3/2 · 2,160 sf) · Elina (3/2 · 1,683 sf) · Grettel (4/3 · 2,321 sf)
- Total Buildable Area
- 175,100 SF
- Construction Cost
- $115/SF
- Sales Price
- $230/SF
- Site Development
- $3,520,000 ($40,000 × 88 units)
- Impact Fees
- $930,000
- Engineering
- $750,000
- Vertical Construction
- $20,136,500
- Total Project Investment
- $28,136,500
- Gross Sales
- $40,273,000
- Commissions & Closing (5%)
- ($2,013,650)
- Net Sales Revenue
- $38,259,350
- Projected Profit
- $10,122,850
- Projected ROI
- 35.97%
- Projected IRR
- ~20% (18%–25% timeline dependent)
- ROE (30% equity / 70% leverage)
- ~120%
- Equity Multiple
- 2.2x
- Development Timeline
- 24–30 months
- Target Market
- Build-to-sell · single-family for professionals and families
- Project Planning
- Innova Land and Development Planning
Where it sits.



How the parcel breaks down.

See it.
Entitlement & status.
- CompleteLand acquisition16.58 acres securedComplete
- CompleteSingle-family zoning (PD)Marion County PD approvedComplete
- CompleteFlood Zone X certificationComplete
- CompleteBoundary & topographic survey (S001)Complete
- CompleteGIS mapComplete
- In progressSite planIn progress
- PendingConstruction documentsPending
- PendingVertical construction24–30 month buildPending
Why this market.
- 01Ocala metro is the #1 fastest-growing US metro (US Census Bureau)
- 02Marion County approved 6,422+ new homes/apartments in 2024
- 0356.8% population growth projected by 2060
- 04Strong for-sale demand from professional and family demographic
- 05Limited supply of new single-family product at this price point
- 06Premium location with major-employer access
What investors are funding.
- Single-family detached homes (3–4 BR · 2–3 BA)
- Three model options: Mia, Elina, Grettel
- Private garages on each home
- Granite countertops in kitchen and bathrooms
- Shaker-style wood cabinets
- Luxury waterproof vinyl plank flooring
- Premium landscaping with native canopy preserved
- Build-to-sell — single-family for-sale product
Built for the next thirty years.
- Pine Mesic Oak canopy preservation
- Energy-efficient building envelope
- Energy-efficient HVAC and water heating systems
- Water-efficient fixtures and appliances
- Solar-ready infrastructure
- Flood Zone X — minimal flood risk, no off-site stormwater extension
Read what we read.
- Pine Oaks Preserve PD Approved Plan SetFull Marion County PD-approved plan set for the 88-unit development.View document
- Approval ResolutionMarion County PD approval resolution for Pine Oak Preserve.View document
- GIS MapMarion County GIS aerial plan with parcel outline.View document
- Boundary & Topographic Survey (S001)Survey of the 16.58-acre parcel.View document
- Mia Model Floor PlanMia model — 3 BR / 2 BA, 2,160 sq ft.View document
- Elina Model Floor PlanElina model — 3 BR / 2 BA, 1,683 sq ft.View document
- Grettel Model Floor PlanGrettel model — 4 BR / 3 BA, 2,321 sq ft.View document
The math.
Project Cost Breakdown
- Land acquisition$2,800,000
- Site development($40,000 × 88 units)$3,520,000
- Impact fees$930,000
- Engineering(vertical + infrastructure)$750,000
- Vertical construction(175,100 SF × $115/SF)$20,136,500
- Total Project Investment$28,136,500
Project Metrics
- Total buildable area175,100 SF
- Construction cost per SF$115/SF
- Sales price per SF$230/SF
- Spread per SF$115/SF
Revenue & Sales
- Gross sales(175,100 SF × $230/SF)$40,273,000
- Commissions & closing (~5%)($2,013,650)
- Net Sales Revenue$38,259,350
Profitability
- Net sales$38,259,350
- Total investment($28,136,500)
- Projected Profit$10,122,850
Returns
- ROI(profit / total investment)35.97%
- IRR(18%–25% range · ~20% recommended)~20%
- ROE(30% equity ($8,440,950) / 70% leverage)~120%
- Equity multiple2.2x
Funding Structure
- Land already secured at $2,800,000 — outside the construction capital draw
- Construction & sellout capital: $25,336,500 (30% equity / 70% leverage recommended)
- Build-to-sell — capital returns from net sale proceeds at phased closings
What's selling nearby.
- Average
- $230/sf
- Range
- $230–$230
- Sample
- 1
- 01Marion County new-construction SFR — placeholder2,000 sfPlaceholder — comp set to be sourced for closed and pending new-construction single-family transactions in Marion County. The $230/SF gross sales assumption against ~2,000 SF builds clears at ~$460,000/home.—2,000 sf$460,000$230/sf$460,000$230/sf
How it builds.
- Capital
- $28,136,500
- Profit
- $10,122,850
Twenty-four to thirty months from architecture through sellout. Land is already secured at $2,800,000. Total project investment $28,136,500 against $38,259,350 net sales — projected $10,122,850 profit at 35.97% ROI, ~20% IRR, ~120% ROE on a 30/70 equity-leverage structure, 2.2x equity multiple. Pricing: 175,100 buildable SF built at $115/SF and sold at $230/SF.
- 01 · Land acquisitionAlready secured
- 02 · Architecture & engineeringMonths 1–3
- 03 · Permitting & site prepMonths 4–8
- 04 · Vertical constructionMonths 9–24
- 05 · SelloutMonths 18–30
- 01Already secured
Land acquisition
Land secured at $2,800,000. PD-approved single-family zoning in place. Boundary and topographic survey complete; GIS aerial plan in hand.
Land cost already absorbed.
Deliverables- Recorded land deed
- PD zoning approval (Marion County)
- Boundary & topographic survey
- 02Months 1–3
Architecture & engineering
Site plan, civil engineering, and structural drawings tied to the parcel. Eighty-eight lots laid out per PD setbacks, with the Mia / Elina / Grettel house line distributed across the development.
Engineering budget deploys for vertical and infrastructure design.
Deliverables- Architectural plan set (3 model types)
- Civil & structural drawings
- Permit submittal package
- 03Months 4–8
Permitting & site prep
Marion County reviews the full plan set; permits issued and impact fees paid. Site cleared and graded; internal road network and utility infrastructure built across the 88 lots at $40,000/unit average site development.
Impact fees and site development deploy across these months.
Deliverables- Approved building permits
- Impact fees paid
- Roads, utilities, stormwater complete
- 04Months 9–24
Vertical construction
Foundation, vertical construction, MEP, finishes. Eighty-eight homes (175,100 SF total) built at $115/SF in phased deliveries under one or more GC contracts.
Bulk of capital deploys monthly against the GC schedule. Investors receive monthly construction reports.
Deliverables- Monthly construction reports with photos
- Phased certificates of occupancy
- Punch lists per home
- 05Months 18–30
Sellout
Marketing, listings, showings, and closings across the 88 single-family homes. Sales begin pre-completion on the model homes and stagger into the back half of the build. Each home is financed individually or rolled into a portfolio sale.
Sale proceeds first return investor capital, then distribute the profit per the operating agreement. Selling costs (5% commissions & closing) net from revenue.
Deliverables- 88 closings across the development
- Final accounting
- Capital return + profit distribution wire
All phases.
- 01Total Development Scope
- Total Units88
- Total Acres16.58
- Total Buildable SF175,100
- 02Financial Summary
- Total Project Investment$28,136,500
- Net Sales Revenue$38,259,350
- Projected Profit$10,122,850
- 03Returns Overview
- ROI35.97%
- IRR~20%18%–25% timeline dependent
- ROE~120%30% equity / 70% leverage
- Equity Multiple2.2x
Built to last.
Every Innova home ships with a defined materials package — stone, flooring, cabinets, hardware, finishes. Specified once, documented once, applied to every unit on the site.
Counter Tops01Granite and quartz, polished and supplied as super-jumbo slabs.
Flooring02Luxury vinyl plank standard, polished marble porcelain on request.
Cabinets03Wood shaker, kitchen and bath, two colors only.
Shower Tile16Large-format polished marble-look porcelain, two veining options.
Single Hung Windows10Single-hung vinyl, four exterior colors, white interior.
Front Doors08Six-panel raised, four colors.
The full Innova Materials Catalog — sixteen chapters, every finish on every build, with the exact options available to investors and end-buyers.
See the materials catalog