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Duplex with Outdoor Kitchens
New
For Sale
$449,950

1426 NW 17TH Avenue, Ocala, FL 34475

Residential Income, OCALA, FL

Property Size2,274 SF
Lot Size0.25 Acres
Price / SF$197.87
Days on Market2

Property Features for 1426 NW 17TH Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 3
Parking features On Street, Oversize, Open, Driveway, Off Street, Guest, Assigned
Patio and Porch features Porch
Pets allowed Dogs OK, Cats OK, Yes
Interior features Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Exterior features Outdoor Kitchen, Private Entrance, Private Yard, Sidewalk
Appliances Cooktop, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator
Subdivision BUNCHE HEIGHTS
Lot features Landscaped, Level, Private, Sidewalk, Paved
Directions From Highway 27, turn North onto NW 20th Ave, turn East onto NW 14th St, and turn North onto 17th Ave.
Standard status Active
APN 2195-102-000
Size 2,274 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 12 TWP 15 RGE 21 PLAT BOOK C PAGE 098 BUNCHE HEIGHTS LOTS 100.101
Tax Annual Amount 317
Legal Description SEC 12 TWP 15 RGE 21 PLAT BOOK C PAGE 098 BUNCHE HEIGHTS LOTS 100.101

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Central, Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

separately metered electric and water
Quartz countertops
Soft-Close Cabinetry
LVP Flooring
Stainless Steel Appliances
Washer/Dryer hookups
private rear patio
yard space
OUTDOOR SUMMER KITCHEN with SINK & Running Water

Building Details

Year built 2026
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile
Building materials Block, Stucco
Roof type Shingle
Additional Structures Outdoor Kitchen
Listing Agency: DALTON WADE INC
Listed By: Jasmine Clinton
Added: Oct 7 Last Checked: Oct 8 at 12:06AM
MLS# OM733659

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two separate residences, each with three bedrooms, two bathrooms, and 1,137 square feet, for 2,274 square feet total. The building occupies a 0.25-acre parcel and is zoned R2. Electric and water are separately metered for the units.

Interior finishes include quartz counters, soft-close cabinetry, LVP flooring, and stainless steel appliances. Each residence has washer and dryer hookups, a private rear patio, yard space, and an outdoor kitchen with a sink and running water. The property is 2 miles from downtown Ocala, area hospitals, and I-75 access; the College Road retail corridor and Paddock Mall area are 3 miles away.

Key Highlights

  • Two units in one building; each has 3 bedrooms, 2 bathrooms, and 1,137 SF
  • 2,274 SF total on a 0.25‑acre parcel
  • Electric and water are separately metered

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,048
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,960 $661.0K
Cap Rate 7%
$472,114 $472.1K
Cap Rate 9%
$367,200 $367.2K
Market Conditions
NOI Build-Up for 2,274 SF
Gross rent
$64.1K $28.20/SF
− Vacancy
−$4.0K −$1.78/SF
EGI
$60.1K $26.42/SF
− OpEx
−$27.0K −$11.89/SF
NOI
$33.0K $14.53/SF
Area
Marion County, FL
Vacancy
6.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,960
Cap Rate 7%
$472,114
Cap Rate 9%
$367,200

Alternative Uses

Best Use
Apartment 5plus
$472.1K
$413.1K – $550.8K (±1% cap)
NOI $33,048 @ 7.0% cap · market cap 7.34%
Second Best
Multifamily LT 5
$469.5K
$410.8K – $547.8K (±1% cap)
NOI $32,866 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,924 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 34475, FL

14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences feature private patios, yard areas, and outdoor kitchens with running water.
Where is this duplex located?
The property is located at 1426 NW 17TH Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $449,950.
What are key features of this property?
This property features: Two units in one building; each has 3 bedrooms, 2 bathrooms, and 1,137 SF; 2,274 SF total on a 0.25‑acre parcel; Electric and water are separately metered
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