Active

$2,940,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 10746 sq ft
Overview
  • ID: MFROM701960
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 10746 sq ft
Property Details
Remarks
Rare opportunity! Being offered for the first time, take note of this once in a lifetime opportunity to own a multifamily property with frontage along Ocala's Tuscawilla Park. Featuring a grouping of 4 parcels, each with a residential component, the location and future opportunity speak for itself. Located in an area of focused redevelopment, there is limited opportunity to own private property alongside Tuscawilla Park. Close to public transportation and walkable to both midtown and downtown, restaurants and shopping. Your residents can walk through Tuscawilla Park, enjoy a show at the Reilly Arts Center or the numerous art galleries, play tennis at the city courts across the street, enjoy the playground, enjoy a meal at Midtown Station that is steps away - the opportunities are endless! All City of Ocala residents have a free membership at the award winning Mary Sue Rich Community Center. Buy this property and live in the main house while you rent out the rest or keep it all an income producing property. All units are individually metered and are on City of Ocala utilities for electric, water, sewer and trash. A detailed list of each property with size, age and updates is available. These contiguous properties are being sold as a package and have been well maintained by the original owner. Get in on a piece of history and future redevelopment now!
Financial Considerations
Price:
$2,940,000
HOA Fee:
N/A
Tax Amount:
$2277.28
Price per SqFt:
$273.59
Tax Legal Description:
SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 011 SMITH & DAUGHERTY ADD OCALA LOTS 20.21 & W 20 FT OF THAT PT OF NE 7TH TER LYING BETWEEN LOTS 21.22 & W 20 FT OF THAT PT OF NE 7TH TER LYING BETWEEN LOTS 19.20 & SUBJECT TO AN EASEMENT OVER THE E 5 FT OF N 25 FT OF W 1/2 OF ABROGATED NE 7TH TER LYING BETWEEN LOTS 21.22 & SUBJECT TO A RECIPROCAL EASEMENT OVER THE ABROGATED PT OF NE 7TH TER LYING BETWEEN LOTS 19.20 & EXC BEGIN AT THE NW COR OF LOT 1 BLK 21 TH N 87-59-48 E 100 FT TH S 00-00-23 W 75.05 FT TH S 87-59-48 W 100 FT TH N 00-23-00 E 75.05 FT TO THE POB
Exterior Features
Lot Size:
45365
Lot Features:
City Limits, Near Public Transit, Street One Way, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Curb Parking, Driveway, Off Street, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
2002
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Balcony, Courtyard, Fence, French Doors
Additional Features 2:
N/A
Map
  • Address
    505, 525, 501,413 NE SANCHEZ AVE #all units
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