Four-Room Office
18 SE 14TH Avenue, Ocala, FL 34471
For Sale
$399,000
Commercial Sale, OCALA, FL
Property Size1,200 SF
Lot Size0.14 Acres
Price / SF$332.50
Days on Market50
Property Features for 18 SE 14TH Avenue
General Information
Property type
Property subtype
Zoning
Basement
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
ALL FLORIDA HOMES REALTY LLC
(352) 789-5083
Listed By:
Nichole Roberts · License FL #3145616
(352) 239-2485
Added: Sep 21
Changed: Nov 9
Last Checked: Nov 9 at 11:06PM
MLS# OM732654
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1938, this 1,200-square-foot office property has four individual rooms and a full bathroom with a shower. A shingle roof was installed in 2025. The building sits on a 0.14-acre parcel and has central air conditioning, natural gas heating, public water, and public sewer service.
The property is in Ocala, near Fort King Street and within walking distance of downtown restaurants, shops, and entertainment. B2 zoning is reported. The building is fully leased under a lease running through August 31, 2031, with annual rent increases of 3%.
The property is in Ocala, near Fort King Street and within walking distance of downtown restaurants, shops, and entertainment. B2 zoning is reported. The building is fully leased under a lease running through August 31, 2031, with annual rent increases of 3%.
Key Highlights
- Four‑room office building totaling 1,200 square feet
- Shingle roof installed in 2025
- B2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,032
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,640
$620.6K
Cap Rate 7%
$443,314
$443.3K
Cap Rate 9%
$344,800
$344.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$45.1K $37.56/SF
− Vacancy
−$3.7K −$3.08/SF
EGI
$41.4K $34.48/SF
− OpEx
−$10.3K −$8.62/SF
NOI
$31.0K $25.86/SF
Area
Marion County, FL
Vacancy
8.20%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,640
Cap Rate 7%
$443,314
Cap Rate 9%
$344,800
Alternative Uses
Best Use
Office B
$443.3K
$387.9K – $517.2K
NOI $31,032 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.3K
$573.4K – $764.5K
NOI $45,870 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,128
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Ocala, FL
Properties on Market for Office buildings in Ocala
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The interior has four rooms and a full bathroom with shower, within a B2-zoned office property.
Where is this office building located?
The property is located at 18 SE 14TH Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑room office building totaling 1,200 square feet; Shingle roof installed in 2025; B2 zoning
