Duplex with Attached
New
For Sale
$519,900
14037 SW 60TH Terrace, Ocala, FL 34473
Residential, OCALA, FL
Property Size2,662 SF
Lot Size0.70 Acres
Price / SF$195.30
Days on Market2
Property Features for 14037 SW 60TH Terrace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RPUD
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
Interior features
Walk-In Closet(s)
Exterior features
Lighting
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision
MARION OAKS UN NINE
Directions
Take I-75 North to exit 341 (SW Hwy 484), turn left onto SW Hwy 484, then turn left onto SW 140th Ave and continue to SW 60th Ter-14037 SW 60th Ter will be nearby.
Standard status
Active
APN
8009-1274-22
Size
2,662 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 08 TWP 17 RGE 21 PLAT BOOK O PAGE 164 MARION OAKS UNIT 9 BLK 1274 LOT 22
Tax Annual Amount
504
Legal Description
SEC 08 TWP 17 RGE 21 PLAT BOOK O PAGE 164 MARION OAKS UNIT 9 BLK 1274 LOT 22
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Fabiola Lemos · License #3455581
(407) 666-7220
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 8:06PM
MLS# O6451188
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.
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Investment Insights
Based on property information with market context.
Under construction on a 0.70-acre parcel, this duplex provides 2,662 square feet across two residences. Each unit has three bedrooms, two bathrooms, an open living and dining area, a kitchen, a primary suite with a walk-in closet, and a laundry area. A covered lanai and attached one-car garage serve each residence. The property is zoned RPUD.
Block and stucco construction, vinyl flooring, central heating and air conditioning, and a shingle roof are specified. The residences are served by well water and a septic system. Completion is listed for 2026, and a 2-10 Home Buyers Warranty is included.
Block and stucco construction, vinyl flooring, central heating and air conditioning, and a shingle roof are specified. The residences are served by well water and a septic system. Completion is listed for 2026, and a 2-10 Home Buyers Warranty is included.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,662 square feet on a 0.70‑acre parcel
- An attached one‑car garage and covered lanai for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,686
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,720
$773.7K
Cap Rate 7%
$552,657
$552.7K
Cap Rate 9%
$429,844
$429.8K
Market Conditions
NOI Build-Up for 2,662 SF
Gross rent
$75.1K $28.20/SF
− Vacancy
−$4.7K −$1.78/SF
EGI
$70.3K $26.42/SF
− OpEx
−$31.7K −$11.89/SF
NOI
$38.7K $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%
$773,720
Cap Rate 7%
$552,657
Cap Rate 9%
$429,844
Alternative Uses
Best Use
Apartment 5plus
$552.7K
$483.6K – $644.8K
NOI $38,686 @ 7.0% cap · market cap 7.44%
Second Best
Multifamily LT 5
$549.6K
$480.9K – $641.2K
NOI $38,473 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,756 @ 7.0% cap · market cap 19.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
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Business Placement
Demographics for 34473, FL
21,548
Population
9,313
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
35.8 sq mi
ZIP Area
602
Density / Sq Mi
$70,559
Median Household Income
$36,474
Median Earnings
$1,406
Median Rent
$242,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences share a parcel and each has an attached garage.
Where is this duplex located?
The property is located at 14037 SW 60TH Terrace Ocala, FL.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,662 square feet on a 0.70‑acre parcel; An attached one‑car garage and covered lanai for each unit
