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120 Sanchez Ave Ocala, FL 34470

Sponsored
For Sale
$440,000

Historic Charm, Modern Updates, High Rental Income

Property size:
1,565 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This stunning 1,565 sq ft mixed-use property in Ocala's historic district offers a unique blend of historic charm and modern convenience. The main house, a beautifully renovated 2-bedroom, 2.5-bathroom home, features two master suites, updated electric and plumbing, a new roof, and preserved original hardwood floors. A covered front porch and a landscaped courtyard-style backyard with a covered side porch and patio provide ample space for relaxation and entertaining. A detached 1-bedroom, 1-bathroom cottage with its own kitchen, private entrance, parking, and yard offers significant rental potential, ideal for guests or generating additional income. Currently leased as a successful Airbnb through March, this property boasts a proven track record of consistent rental income. The main house also has potential for a separate full-term lease at $2,500 per month. Situated on a desirable 0.17-acre corner lot, this property offers convenient access to downtown Ocala's shops, restaurants, and amenities. This exceptional property presents a rare opportunity for both homeowners and investors seeking a profitable and historically significant investment. The property's versatility and proven rental history make it an attractive option for those seeking immediate income generation and long-term appreciation. The combination of a charming main house and a separate income-producing cottage provides a unique and lucrative investment opportunity in a prime Ocala location.

Property Features for 120 Sanchez Ave

General Information

Property type
Mixed-use properties
Square Feet
1,565 SF
Lot Size
7,405 SF

Building Details

Year Built
1918

Property Profile Location Intelligence

Current Use by Public Records

Brick City Property ... Property Management Company

Suggested Use

Restaurant Realty agency Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ocala
County
Marion
State
Florida
Longitude
-82.13161
Latitude
29.18831

FAQs

What type of property is this?
Mixed-use property - Historic Charm, Modern Updates, High Rental Income
Where is this mixed-use property located?
The property is located at 120 Sanchez Ave Ocala, FL.
What is the asking price?
The asking price for this property is $440,000.
More about this property
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