Renovated Single-Unit Office
527 NE 8TH Avenue Ocala, FL 34470
527 NE 8TH Avenue, Ocala, FL, 34470
$299,900
For Sale
$299,900
SINGLE_FAMILY - OCALA, FL
Property Size1,054 SF
Lot Size0.36 Acres
Price / SF$284.54
Days on Market48
Property Features for 527 NE 8TH Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- RO
- Standard status
- Active
- APN
- 2826-043-000
- Size
- 1,054 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 011 SMITH & DAUGHERTY ADD OCALA LOT 43 EX RDROW
- Tax Annual Amount
- 2433
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1922
- Floors in Building
- 1
- Flooring type
- Hardwood
- Building materials
- HardiPlank Type
- Roof type
- Shingle
Listing agency
ROBB HARRISON REALTY INC
(352) 877-2790
Listed by
Robb Harrison · License #3380769
(513) 442-9083
Added: Jun 6 Updated: Jul 22 at 7:58AM Checked: Jul 23 at 5:06AM
MLS# OM725962
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 renovated single-unit office building was originally built in 1922 and has undergone updates completed in 2025. Improvements include a new roof, new HVAC, updated hardwood flooring, lighting, kitchenette, and refreshed bathroom finishes. The property also features upgraded sidewalks, landscaping, and new interior and exterior paint, supporting a polished, turn-key appearance.
Zoned RO, the building is located just north of Silver Springs Boulevard, near downtown Ocala, US-441, and I-75, providing convenient access for daily operations and client visits.
With its office configuration and recent building systems and finish updates, the property is positioned for an owner-occupant or tenant seeking a professionally maintained workspace in a single-unit format.
Zoned RO, the building is located just north of Silver Springs Boulevard, near downtown Ocala, US-441, and I-75, providing convenient access for daily operations and client visits.
With its office configuration and recent building systems and finish updates, the property is positioned for an owner-occupant or tenant seeking a professionally maintained workspace in a single-unit format.
Key Highlights
- Renovated office building built in 1922 on a 0.36‑acre lot
- Renovations completed in 2025 including new roof, new HVAC, updated hardwood flooring, and lighting
- Single‑unit office property with kitchenette and bathroom finishes
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $37.56 |
| − Vacancy | −$3.2k | −$3.08 |
| EGI | $36.3k | $34.48 |
| − OpEx | −$9.1k | −$8.62 |
| NOI | $27.3k | $25.86 |
1,054 SF · lease $37.56/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$389.4K
$340.7K – $454.3K
NOI $27,257 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$575.6K
$503.6K – $671.5K
NOI $40,289 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Critchley & Associates Realty ...
Property Management Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Renovated 1922 office building on a 0.36-acre lot, zoned RO, with new roof, HVAC, and updated interior finishes.
Where is this office units located?
The property is located at 527 NE 8TH Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Renovated office building built in 1922 on a 0.36‑acre lot; Renovations completed in 2025 including new roof, new HVAC, updated hardwood flooring, and lighting; Single‑unit office property with kitchenette and bathroom finishes
