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Two-Story Apartment Community
For Sale
$1,175,000

3041 SW 20TH Street, Ocala, FL 34474

Residential Income, OCALA, FL

Property Size8,450 SF
Lot Size0.44 Acres
Price / SF$139.05
Days on Market191

Property Features for 3041 SW 20TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 16
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 6, Bathroom 11, Bedroom 4, Bathroom 21, Bedroom 14, Bedroom 6, Bathroom 15, Bathroom 5, Bathroom 20, Bathroom 24, Bathroom 23, Bathroom 18, Bathroom 9, Bathroom 16, Bathroom 7, Bathroom 17, Bathroom 8, Bedroom 16, Bedroom 11, Bedroom 3, Bathroom 3, Bathroom 13, Bedroom 8, Bathroom 10, Laundry Room, Bathroom 1, Bathroom 12, Bathroom 22, Bathroom 4, Bathroom 19, Bedroom 13, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 15, Bedroom 7, Bedroom 9, Bedroom 10, Bathroom 14, Bedroom 12, Bedroom 5
Exterior features Sidewalk
Subdivision SHELTERING PINES RANCHES
Directions Ocala.
Standard status Active
APN 2346-004-013
Size 8,450 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 23 TWP 15 RGE 21 PLAT BOOK F PAGE 056 SHELTERING PINES RANCHES BLK D E 1/2 OF E 1/2 LOT 1 EXC COM AT THE S 1/4 COR OF SEC 23 TH N 00-23-10 E 1327.69 FT TH S 89-20-12 E 1228.23 FT TH N 00-31-17 E 25 FT TO THE POB TH NLY 25 FT TH S 89-20-12 E 100.5 2 FT TH S 00-28-30 W 25 FT TH N 89-20-12 W 100.54 FT TO THE POB
Tax Annual Amount 12805
Legal Description SEC 23 TWP 15 RGE 21 PLAT BOOK F PAGE 056 SHELTERING PINES RANCHES BLK D E 1/2 OF E 1/2 LOT 1 EXC COM AT THE S 1/4 COR OF SEC 23 TH N 00-23-10 E 1327.69 FT TH S 89-20-12 E 1228.23 FT TH N 00-31-17 E 25 FT TO THE POB TH NLY 25 FT TH S 89-20-12 E 100.5 2 FT TH S 00-28-30 W 25 FT TH N 89-20-12 W 100.54 FT TO THE POB

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

in-unit washer and dryer
central A/C
assigned parking
lawn care
trash service

Building Details

Year built 1982
Number of units 8
Building materials Frame
Roof type Shingle
Listing Agency: FLORIDA REALTY INVESTMENTS
Listed By: Tito Urbano Perez · License #3470017
Added: Mar 11 Changed: Sep 12 Last Checked: Sep 17 at 6:06PM
MLS# TB8485579

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.

This two-story apartment property contains 8 townhome-style units totaling 8,450 square feet on 0.44 acres. Each residence is arranged with living space on the ground floor and bedrooms above, along with a full kitchen, in-unit washer and dryer, and a 2-bedroom, 2.5-bath layout. Central air systems, frame construction, shingle roofing, public water, and public sewer serve the community. The property was built in 1982 and includes assigned parking, sidewalk access, and separate water and electric metering.

The community is directly across from the College of Central Florida in Ocala, with major retail and dining located minutes away. Lawn care and trash service are included, while R3 zoning supports the existing apartment use.

Key Highlights

  • 8 townhome‑style apartment units totaling 8,450 square feet
  • Situated on 0.44 acres with R3 zoning
  • 2‑bedroom, 2.5‑bath layout in each residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Garden Center Storage Facility Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby

Demographics for 34474, FL

17,781
Population
9,207
Households
1.9
Avg Household Size
41
Median Age
31%
College-Educated
93%
High-School Grad
21.0 sq mi
ZIP Area
847
Density / Sq Mi
$62,150
Median Household Income
$36,422
Median Earnings
$1,605
Median Rent
$177,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Townhome-style residences feature upper-level bedrooms, full kitchens, and in-unit laundry.
Where is this apartment building located?
The property is located at 3041 SW 20TH Street Ocala, FL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 8 townhome‑style apartment units totaling 8,450 square feet; Situated on 0.44 acres with R3 zoning; 2‑bedroom, 2.5‑bath layout in each residence
More about this property
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