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New Construction Duplex with Private Patios
For Sale
$449,950

1-2-1426 Nw 17th Ave, Ocala, FL 34475

Two separately metered residences feature quartz finishes, private outdoor areas, and in-unit washer and dryer hookups.

Property Size2,274 SF
Price / SF$197.87
Days on Market23

Property Features for 1-2-1426 Nw 17th Ave

General Information

Standard status Active
Size 2,274 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Individually Metered Utilities electric, water

Taxes and HOA fees

Annual Taxes $316

Amenities

quartz countertops
soft-close cabinetry
LVP flooring
stainless steel appliances
washer/dryer hookups
private rear patio
yard space
outdoor summer kitchen

Building Details

Buildings 1
Listing Agency: DALTON WADE INC
Listed By: Jasmine Clinton · License #3656179
Source: Exprealty
Added: Oct 7 Changed: Oct 28 Last Checked: Oct 28 at 3:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC

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Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two 3-bedroom, 2-bathroom residences within one building, totaling 2,274 SF. Each unit measures 1,137 SF and has separately metered electric and water service. Interior features include quartz countertops, soft-close cabinetry, LVP flooring, stainless steel appliances, and washer and dryer hookups. Each residence also has a private rear patio, yard space, and an outdoor summer kitchen with a sink and running water.

A separate two-unit building on its own parcel next door is also available, offering the option to acquire both buildings across two lots for four units total. The property is 2 miles from downtown Ocala, local hospitals, and I-75 access; the College Road retail corridor and Paddock Mall area are 3 miles away. Ocala International Airport is 6 miles away, and The World Equestrian Center is 8 miles away. Rental underwriting, estimated operating expenses, and supporting property documentation are available for review.

Key Highlights

  • Two 3‑bedroom, 2‑bathroom units in one 2,274 SF building
  • Each residence measures 1,137 SF and has separately metered electric and water
  • Built in 2026 with quartz countertops, soft‑close cabinetry, LVP flooring, and stainless steel appliances

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. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

328
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences feature quartz finishes, private outdoor areas, and in-unit washer and dryer hookups.
Where is this duplex located?
The property is located at 1-2-1426 Nw 17th Ave 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 3‑bedroom, 2‑bathroom units in one 2,274 SF building; Each residence measures 1,137 SF and has separately metered electric and water; Built in 2026 with quartz countertops, soft‑close cabinetry, LVP flooring, and stainless steel appliances
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