New Construction Duplex in
For Sale
Contact for pricing
14173 SW 60th Ter, Ocala, FL 34473
New construction duplex in Marion Oaks, ideal for investors.
Property Size2,254 SF
Price / SF$186.34
Days on Market341
Property Features for 14173 SW 60th Ter
General Information
Standard status
Active
Size
2,254 SF
Class
A
Property subtype
Multifamily
Zoning
RPUD
Building Details
Year Built
2025
Stories
1
Units
2
Listing Agency:
Park Place Lending & Investments Inc
(925) 785-7700
Listed By:
Jim Park · License #3497600
Source:
Crexi
Added: Sep 23, 2025
Changed: Aug 19
Last Checked: Aug 28 at 6:21PM
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 Park Place Lending & Investments Inc
Investment Insights
Based on property information with market context.
This new construction duplex is located in Marion Oaks and features two units. Each unit includes 2 bedrooms and 2 full bathrooms. The units have an open-concept living area and vaulted ceilings. Modern kitchens and luxury finishes are present throughout the property. Energy-efficient systems are installed. The property is suitable for investors or owner-occupants looking to live in one unit and rent the other. The location in Marion Oaks has no HOA and is close to major highways. The property offers solid rental demand and low maintenance. The property size is 2254 square feet.
Key Highlights
- New Construction Duplex: Offers modern living and minimal immediate maintenance.
- Income Potential: Live in one unit and rent the other, ideal for house hacking.
- Desirable Location: Located in Marion Oaks, close to major highways.
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
$32,757
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
7.80%
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%
$655,140
$655.1K
Cap Rate 7%
$467,957
$468.0K
Cap Rate 9%
$363,967
$364.0K
Market Conditions
NOI Build-Up for 2,254 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
$63.6K $28.20/SF
− Vacancy
−$4.0K −$1.78/SF
EGI
$59.6K $26.42/SF
− OpEx
−$26.8K −$11.89/SF
NOI
$32.8K $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%
$655,140
Cap Rate 7%
$467,957
Cap Rate 9%
$363,967
Alternative Uses
Best Use
Apartment 5plus
$468.0K
$409.5K – $546.0K
NOI $32,757 @ 7.0% cap · market cap 7.80%
Second Best
Multifamily LT 5
$465.4K
$407.2K – $543.0K
NOI $32,577 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,160 @ 7.0% cap · market cap 20.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
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
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 - New construction duplex in Marion Oaks, ideal for investors.
Where is this duplex located?
The property is located at 14173 SW 60th Ter Ocala, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: New Construction Duplex: Offers modern living and minimal immediate maintenance.; Income Potential: Live in one unit and rent the other, ideal for house hacking.; Desirable Location: Located in Marion Oaks, close to major highways.
