Tenant-Occupied
New
For Sale
$485,000
1017 NW 57TH COURT, Ocala, FL 34482
Both residences feature open living areas and kitchens equipped with granite countertops and appliances.
Property Size2,340 SF
Price / SF$207.26
Days on Market5
Property Features for 1017 NW 57TH COURT
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Duplex
Building Details
Year Built
2024
Buildings
1
Construction
block
Listing Agency:
ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
(407) 967-2867
Listed By:
Adan Ordonez · License #3188653
(407) 382-0003
Source:
Endlesssummerrealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:36PM
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 ADAN INVESTMENTS REAL ESTATE GROUP, PLLC
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Investment Insights
Based on property information with market context.
This 2,340-square-foot duplex in Ocala contains two residences, built with block construction in 2024. Interior features include open living areas, luxury vinyl plank flooring, and kitchens with granite countertops and appliances. Tenants are currently in place, and existing leases are available for buyer review.
The property is located in Ridge Meadows. Listing photos were virtually staged, and photos from a previous listing depict the property before its current occupancy; confirm present condition during a privately arranged showing.
The property is located in Ridge Meadows. Listing photos were virtually staged, and photos from a previous listing depict the property before its current occupancy; confirm present condition during a privately arranged showing.
Key Highlights
- Two‑unit duplex with tenants in place
- 2,340 square feet
- Built in 2024 with block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,007
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$680,140
$680.1K
Cap Rate 7%
$485,814
$485.8K
Cap Rate 9%
$377,856
$377.9K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$66.0K $28.20/SF
− Vacancy
−$4.2K −$1.78/SF
EGI
$61.8K $26.42/SF
− OpEx
−$27.8K −$11.89/SF
NOI
$34.0K $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%
$680,140
Cap Rate 7%
$485,814
Cap Rate 9%
$377,856
Alternative Uses
Best Use
Apartment 5plus
$485.8K
$425.1K – $566.8K
NOI $34,007 @ 7.0% cap · market cap 7.01%
Second Best
Multifamily LT 5
$483.1K
$422.7K – $563.7K
NOI $33,819 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,447 @ 7.0% cap · market cap 18.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 34482, FL
23,565
Population
9,553
Households
2.5
Avg Household Size
48
Median Age
22%
College-Educated
85%
High-School Grad
93.0 sq mi
ZIP Area
253
Density / Sq Mi
$71,449
Median Household Income
$37,492
Median Earnings
$861
Median Rent
$247,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature open living areas and kitchens equipped with granite countertops and appliances.
Where is this duplex located?
The property is located at 1017 NW 57TH COURT Ocala, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑unit duplex with tenants in place; 2,340 square feet; Built in 2024 with block construction
