4-Unit Duplex
For Sale
$899,900
1420 NW 17TH AVENUE #1 2 3 4, Ocala, FL 34475
Four residences feature private patios, yard space, and outdoor summer kitchens with sinks and running water.
Property Size4,548 SF
Lot Size0.50 Acres
Price / SF$197.87
Days on Market11
Property Features for 1420 NW 17TH AVENUE #1 2 3 4
General Information
Standard status
Active
Size
4,548 SF
Lot size
0.50 Acres
Property subtype
Quadruplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Amenities
Quartz countertops
Soft-Close Cabinetry
LVP Flooring
Stainless Steel Appliances
French-door refrigerator
Dishwasher
Range and Microwave
Washer/Dryer hookups inside
private rear patio
yard space
OUTDOOR SUMMER KITCHEN with SINK & Running Water
0.25 acres, Dimensions: 100x107, Landscaped, Level, Private, Sidewalk, Paved
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 2195-100-000, Public Survey Range: 21E, Public Survey Section: 12, Annual Amount: $316.74, Tax Block: X, Tax Book Number: C-098BUNCHE, Legal Description: SEC 12 TWP 15 RGE 21 PLAT BOOK C PAGE 098 BUNCHE HEIGHTS LOTS 100.101, Lot: 100, Year: 2025, Zoning: R2
Luxury Vinyl, Tile
Central Air
Central, Electric, Heat Pump
Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Listing ID: MFROM732052, Standard Status: Active, MLS Status: Active, Property Subtype: Quadruplex, On market as of 2026-10-02, 8 days on market, Special Conditions: None
Assigned, Driveway, Ground Level, Guest, Off Street, On Street, Open, Oversized, Parking Pad
12 total bedrooms
Built in 2026, Living area: 4548, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: BUNCHE HEIGHTS, MLS Area (Major): 34475 - Ocala, County/Parish: Marion
Completed, Trees/Woods
8 total bathrooms
BB/HS Internet Available, Electricity Available, Electricity Connected, Phone Available, Underground Utilities, Water - Multiple Meters, Water Available, Water Connected, Water Source: Public, 4 separate electric meters, 4 separate water meters
Slab
Close Of Escrow
Allowed: Cats OK, Dogs OK, Yes
Road Responsibility: Public Maintained Road, Road Surface: Asphalt, Paved
Patio/Porch Features: Covered, Rear Porch, Outdoor Kitchen, Private Entrance, Private Yard, Sidewalk
Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Cooktop, Dishwasher, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Other equipment: Private Entrance, Private Yard
Building Details
Year Built
2026
Buildings
2
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Jasmine Clinton · License #3656179
(352) 843-2723
Source:
Miharaandassociates
Added: Oct 2
Changed: Oct 11
Last Checked: Oct 11 at 8:59AM
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 DALTON WADE INC
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex portfolio comprises two buildings on separate lots, with four units totaling 4,548 square feet. Each residence offers 1,137 square feet, individually metered utilities, quartz countertops, soft-close cabinetry, LVP flooring, stainless steel appliances, and interior washer and dryer hookups. Private rear patios, yard space, and outdoor summer kitchens with sinks and running water serve each unit.
The two-building, two-lot property encompasses 0.50 acre and may be acquired as a four-unit portfolio or as either two-unit duplex. Downtown Ocala, AdventHealth Ocala, HCA Florida Ocala Hospital, UF Health, and I-75 access are 2 miles away. The College Road retail corridor and Paddock Mall area are 3 miles away; Ocala International Airport is 6 miles away, and The World Equestrian Center is 8 miles away.
The two-building, two-lot property encompasses 0.50 acre and may be acquired as a four-unit portfolio or as either two-unit duplex. Downtown Ocala, AdventHealth Ocala, HCA Florida Ocala Hospital, UF Health, and I-75 access are 2 miles away. The College Road retail corridor and Paddock Mall area are 3 miles away; Ocala International Airport is 6 miles away, and The World Equestrian Center is 8 miles away.
Key Highlights
- Two duplex buildings with four units, totaling 4,548 square feet
- Built in 2026; each unit contains 1,137 square feet
- Individually metered utilities; the buildings sit on separate lots
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,095
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,321,900
$1.3M
Cap Rate 7%
$944,214
$944.2K
Cap Rate 9%
$734,389
$734.4K
Market Conditions
NOI Build-Up for 4,548 SF
Gross rent
$128.3K $28.20/SF
− Vacancy
−$8.1K −$1.78/SF
EGI
$120.2K $26.42/SF
− OpEx
−$54.1K −$11.89/SF
NOI
$66.1K $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%
$1,321,900
Cap Rate 7%
$944,214
Cap Rate 9%
$734,389
Alternative Uses
Best Use
Apartment 5plus
$944.2K
$826.2K – $1.10M
NOI $66,095 @ 7.0% cap · market cap 7.34%
Second Best
Multifamily LT 5
$939.0K
$821.6K – $1.10M
NOI $65,731 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$2.48M
$2.17M – $2.90M
NOI $173,849 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Explore this area
Business Placement
Demographics for 34475, FL
14,780
Population
5,668
Households
2.6
Avg Household Size
38
Median Age
13%
College-Educated
84%
High-School Grad
27.8 sq mi
ZIP Area
532
Density / Sq Mi
$33,515
Median Household Income
$24,854
Median Earnings
$871
Median Rent
$170,300
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 - Four residences feature private patios, yard space, and outdoor summer kitchens with sinks and running water.
Where is this duplex located?
The property is located at 1420 NW 17TH AVENUE #1 2 3 4 Ocala, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two duplex buildings with four units, totaling 4,548 square feet; Built in 2026; each unit contains 1,137 square feet; Individually metered utilities; the buildings sit on separate lots
