Ocala Duplex Near
For Sale
$430,000
1663 SW 107TH Ln, Ocala, FL 34476
2004 duplex near amenities, ideal for investors or owner-occupants.
Property Size2,160 SF
Lot Size0.32 Acres
Days on Market267
Property Features for 1663 SW 107TH Ln
General Information
Standard status
Active
Size
2,160 SF
Lot size
0.32 Acres
Property subtype
Other
Lease Term
12 months
Taxes and HOA fees
Annual Taxes
$4,246
Building Details
Building Size
2,160 SF
Year Built
2004
Units
2
Listing Agency:
WILMEK REAL ESTATE LLC
(863) 633-0668
Listed By:
Ingrid Serna · License #3157645
(863) 633-0668
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 22 at 8:07AM
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 WILMEK REAL ESTATE LLC
Investment Insights
Based on property information with market context.
This income-producing duplex, built in 2004, is located in Southwest Ocala, offering convenient access to SR-200, shopping centers, medical facilities, and other essential services. Each unit features a 3-bedroom, 2-bath layout, complete with open living areas, a dining space, and private rear access. Constructed with block, the property is designed for durability and low maintenance. The duplex has separate entrances and utility systems. Off-street parking is available. There is no HOA reported for this property. Situated in a consistently leased rental submarket, this duplex is suitable for investors, 1031 exchange buyers, or owner-occupants looking for additional income. Current lease and financial details are available upon request.
Key Highlights
- Income‑producing duplex in a desirable Southwest Ocala location near amenities.
- Each unit features a spacious 3‑bedroom, 2‑bath layout with private rear access.
- Block construction ensures durability and low maintenance.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,391
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,820
$627.8K
Cap Rate 7%
$448,443
$448.4K
Cap Rate 9%
$348,789
$348.8K
Market Conditions
NOI Build-Up for 2,160 SF
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.
Gross rent
$60.9K $28.20/SF
− Vacancy
−$3.8K −$1.78/SF
EGI
$57.1K $26.42/SF
− OpEx
−$25.7K −$11.89/SF
NOI
$31.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,820
Cap Rate 7%
$448,443
Cap Rate 9%
$348,789
Alternative Uses
Best Use
Apartment 5plus
$448.4K
$392.4K – $523.2K
NOI $31,391 @ 7.0% cap · market cap 7.30%
Second Best
Multifamily LT 5
$446.0K
$390.2K – $520.3K
NOI $31,218 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,567 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 34476, FL
26,522
Population
12,754
Households
2.1
Avg Household Size
58
Median Age
28%
College-Educated
94%
High-School Grad
34.6 sq mi
ZIP Area
767
Density / Sq Mi
$65,429
Median Household Income
$41,820
Median Earnings
$1,303
Median Rent
$260,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - 2004 duplex near amenities, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 1663 SW 107TH Ln Ocala, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Income‑producing duplex in a desirable Southwest Ocala location near amenities.; Each unit features a spacious 3‑bedroom, 2‑bath layout with private rear access.; Block construction ensures durability and low maintenance.
