Active

$387,500

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 3375 sq ft
Overview
  • ID: MFROM682094
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 3375 sq ft
Property Details
Remarks
Right in the heart of the Tuscawilla Historic District and within a hop, skip, and jump to Tuscawilla Park and Downtown Ocala, you'll find this charming historic building in the midst of the Midtown Revitalization area. With lots of brand-new businesses and restaurants coming into this revitalization area, this is the perfect chance to renovate this building and bring your vision to reality. The FBC (Form Based Code) zoning of this property allows for Residential, Commercial, or Multi-Family which opens the door to tons of housing/business opportunities. A step inside the front door and you'll find the charm of years past, including the original natural wood, accessorized with engineered wood and ceramic tile floors throughout. On each side of the entry, you'll find a large office/room and 2 separate restrooms each with multiple stalls & a sink. Just past that, the floor plan opens to a huge main room with cathedral ceilings and a large stage. A staircase brings you up to the upper-level balcony and 2 extra rooms. Off the rear of the building, there is a deck area with handicap accessible ramp. This is truly a magnificent opportunity to join in on the revitalization in the area and bring another new business/housing opportunity to the area. You may apply for a Grant through the City of Ocala - Downtown Community Redevelopment Agency (CRA).
Financial Considerations
Price:
$387,500
HOA Fee:
N/A
Tax Amount:
$4772.83
Price per SqFt:
$114.81
Tax Legal Description:
SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 012 REARDONS MIDDLE TOWN LOTS COM AT TH NE COR OF LOT 3 TH N 89-41-15 E 132.48 FT TH S 00-00-00 E 57 FT TH S 89-41-15 W 132.45 FT TH N 00-01-53 W 57 FT TO TH POB
Exterior Features
Lot Size:
7405
Lot Features:
Historic District
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Electric, Heat Pump
Cooling:
Central Air
Appliances:
None
Furnished:
No
Floor:
Tile, Wood
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1914
Construction Type:
Metal Frame, Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Other, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    118 NE TUSCAWILLA AVE
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