Duplex with Private
1420 NW 17TH AVENUE #1 2, Ocala, FL 34475
For Sale
$449,950
Two separately metered residences include individual patios, yard areas, and in-unit washer and dryer hookups.
Property Size2,274 SF
Price / SF$197.87
Days on Market10
Property Features for 1420 NW 17TH AVENUE #1 2
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
private yards
outdoor summer kitchen
washer/dryer hookups
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: MFRO6453881, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-29, 1 day on market, Special Conditions: None
Assigned, Driveway, Ground Level, Guest, Off Street, On Street, Open, Oversized, Parking Pad
6 total bedrooms
Built in 2026, Living area: 2274, 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
4 total bathrooms
BB/HS Internet Available, Electricity Available, Electricity Connected, Phone Available, Underground Utilities, Water - Multiple Meters, Water Available, Water Connected, Water Source: Public, 2 separate electric meters, 2 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
Buildings
Listing Agency:
OLYMPUS EXECUTIVE REALTY INC
(407) 469-0090
Listed By:
David Hijar · License #3488693
(904) 910-4516
Source:
Miharaandassociates
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 6 at 10:36AM
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 OLYMPUS EXECUTIVE REALTY INC
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Investment Insights
Based on property information with market context.
Built in 2026, this 2,274-square-foot duplex contains two 3-bedroom, 2-bathroom homes, each measuring 1,137 square feet. Interior finishes include quartz counters, soft-close cabinets, LVP flooring, and stainless steel appliances, including a French-door refrigerator, dishwasher, range, and microwave. Each residence has washer and dryer hookups, a rear patio, yard space, and an outdoor summer kitchen with a sink and running water. Electric and water are separately metered for each unit.
The property is 2 miles from downtown Ocala, AdventHealth Ocala, HCA Florida Ocala Hospital, UF Health, and I-75 access. 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 property is 2 miles from downtown Ocala, AdventHealth Ocala, HCA Florida Ocala Hospital, UF Health, and I-75 access. 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 3‑bedroom, 2‑bathroom units in one duplex; 2,274 SF total
- Each residence measures 1,137 SF
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,048
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,960
$661.0K
Cap Rate 7%
$472,114
$472.1K
Cap Rate 9%
$367,200
$367.2K
Market Conditions
NOI Build-Up for 2,274 SF
Gross rent
$64.1K $28.20/SF
− Vacancy
−$4.0K −$1.78/SF
EGI
$60.1K $26.42/SF
− OpEx
−$27.0K −$11.89/SF
NOI
$33.0K $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%
$660,960
Cap Rate 7%
$472,114
Cap Rate 9%
$367,200
Alternative Uses
Best Use
Apartment 5plus
$472.1K
$413.1K – $550.8K
NOI $33,048 @ 7.0% cap · market cap 7.34%
Second Best
Multifamily LT 5
$469.5K
$410.8K – $547.8K
NOI $32,866 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,924 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,054
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
$170,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Ocala, FL
Properties on Market for Duplexes in Ocala
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences include individual patios, yard areas, and in-unit washer and dryer hookups.
Where is this duplex located?
The property is located at 1420 NW 17TH AVENUE #1 2 Ocala, FL.
What is the asking price?
The asking price for this property is $449,950.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom units in one duplex; 2,274 SF total; Each residence measures 1,137 SF; Built in 2026
