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Two-Unit Duplex with Private Patios
For Sale
$449,950

1426 NW 17th Avenue Unit 1 2, Ocala, FL 34475

Both residences have separate electric and water meters, in-unit laundry hookups, and outdoor kitchen amenities.

Property Size2,274 SF
Price / SF$197.87
Days on Market11

Property Features for 1426 NW 17th Avenue Unit 1 2

General Information

Standard status Active
Size 2,274 SF
Property subtype Multi-family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

private patio
yard space
outdoor summer kitchen
washer/dryer hookups

Building Details

Year Built 2026
Buildings 1
Listing Agency: DALTON WADE INC
Listed By: Jasmine Clinton · License #3656179
Source: Realtygroupfl
Added: Oct 3 Changed: Oct 13 Last Checked: Oct 12 at 7:58PM

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 contains two separate residences, each offering 3 bedrooms, 2 bathrooms, and 1,137 square feet. The building totals 2,274 square feet and occupies its own parcel. Interior finishes include quartz countertops, soft-close cabinetry, LVP flooring, and stainless steel appliances, including a French-door refrigerator, dishwasher, range, and microwave. Each residence has washer and dryer hookups, a private rear patio, yard space, and an outdoor summer kitchen with a sink and running water.

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. A separate two-unit building on the adjacent parcel is also available, allowing a four-unit acquisition across two lots. Pro forma rental underwriting, estimated operating expenses, and supporting property documentation are available upon request.

Key Highlights

  • 2026‑built duplex with two 3‑bedroom, 2‑bathroom residences
  • 2,274 SF total; each residence measures 1,137 SF
  • Separate electric and water meters for each unit

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 (±1% cap)
NOI $33,048 @ 7.0% cap · market cap 7.34%
Second Best
Multifamily LT 5
$469.5K
$410.8K – $547.8K (±1% cap)
NOI $32,866 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,924 @ 7.0% cap · market cap 19.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Dental Office Big Box & Wholesale Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,128
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have separate electric and water meters, in-unit laundry hookups, and outdoor kitchen amenities.
Where is this duplex located?
The property is located at 1426 NW 17th Avenue Unit 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: 2026‑built duplex with two 3‑bedroom, 2‑bathroom residences; 2,274 SF total; each residence measures 1,137 SF; Separate electric and water meters for each unit
More about this property
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