Active

$249,000

Features:
  • 2 Bedrooms
  • 1 Bathrooms
  • 729 sq ft
Overview
  • ID: MFRTB8401607
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 729 sq ft
Property Details
Remarks
******* Unique Income Property with Commercial Potential in Ocala! ***** 1801–1803 NE 14th Ave presents a rare opportunity to own a dual-structure property offering both immediate rental income and future upside potential — all on one parcel, 1.33 acres and in a prime Ocala location. 1801 NE 14th Ave Charming 2-bedroom, 1-bath single-family home currently rented for $1,400/month to a reliable tenant with lease. Features include a spacious 729 Sq. Ft. of living area, functional kitchen, and a detached 1 car garage — perfect for storage or additional value-added use. 1803 NE 14th Ave: Behind the house and garage is a separate 1,540 S.F. structure, housing a large workshop, previously used for commercial/industrial purposes. This building offers significant square footage and flexible space, making it ideal for a contractor, mechanic, artist studio, or conversion to additional rental space. The back working structure does require renovations, but the potential for sweat equity or future cash flow is strong. Corner lot, on an acre plus (57,935sf) with ample parking and easy access for residential or commercial use. Zoned Residential and Commercial Manufacturing. At the end of a very quiet street, backing up to a railroad. The acreage is positioned in an area with consistent rental demand, located just minutes from downtown Ocala, schools, and major highways. Future Potential: Add value by doing a lot-split or renovating the workshop for commercial use, or storage, or rental, or add a structure for additional residential income (verify with zoning). Whether you're an investor looking for a mixed-use income property or an owner-occupant with a vision that needs plenty of room, this property is an opportunity you won’t want to miss.
Financial Considerations
Price:
$249,000
HOA Fee:
N/A
Tax Amount:
$2894.21
Price per SqFt:
$341.56
Tax Legal Description:
SEC 09 TWP 15 RGE 22 PARCEL A: COM AT THE NW COR OF SEC 9 TH S 00-12-40 E 683.34 FT TH E 25 FT TO THE POB TH N 00-12-40 W 53.34 FT TH E 170.35 FT TH S 00-59-16 E 99.08 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TO THE POB & PARCEL B: COM AT THE NW CO R OF SEC 9 TH S 00-12-40 E 683.34 FT TO THE POB TH CONT S 00-12-40 E 331.31 FT TO A PT BEING ON A CURVE CONCAVE SELY HAVING A RADIUS OF 2121.70 FT TH NELY ALONG ARC OF CURVE A CHORD BEARING & DISTANCE OF N 64-49-15 E 219.84 FT TH N 00-59-16 W 192.09 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TH W 25 FT TO THE POB
Exterior Features
Lot Size:
57935
Lot Features:
Corner Lot, Oversized Lot, Street Dead-End
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
1
Heating:
Electric, Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Dishwasher, Other, Range, Refrigerator
Furnished:
No
Floor:
Other
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1967
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other, Storage
Additional Features 2:
Lease in place.
Map
  • Address
    1801-1803 NE 14TH AVE
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