Four-Unit Concrete Block
New
For Sale
$620,000
41 JUNIPER PASS, Ocala, FL 34480
Four fully leased residences offer matching two-bedroom layouts, durable construction, and separate utility meters.
Property Size3,902 SF
Lot Size0.49 Acres
Price / SF$158.89
Days on Market4
Property Features for 41 JUNIPER PASS
General Information
Standard status
Active
Size
3,902 SF
Lot size
0.49 Acres
Property subtype
Quadruplex
Occupancy
100%
Financials
Gross Income
$61,368
Average Monthly Rent
$1,278
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Individually Metered Utilities
all utilities
Additional Details
Tenant in Place
Yes
Amenities
washer/dryer connections
Building Details
Year Built
2021
Construction
concrete block
Listing Agency:
THE MULTIFAMILY ADVISORS
(352) 871-8324
Listed By:
Joe Klenck · License #3555950
(352) 514-4725
Source:
Endlesssummerrealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 11:50AM
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 THE MULTIFAMILY ADVISORS
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Investment Insights
Based on property information with market context.
Built in 2021, this four-unit property contains 3,902 square feet across four residences, each configured with two bedrooms and two bathrooms. Concrete block construction and vinyl plank flooring are found throughout; kitchens have granite countertops and stainless steel appliances. Every residence also has washer and dryer connections.
The property occupies 0.49 acres in the Silver Springs Shores subdivision of southeast Ocala. US-301, retail along Maricamp and Baseline, and the broader Ocala and Marion County employment base are accessible from the area.
All four units are occupied, with in-place rents totaling $5,114 per month. Utilities are separately metered and paid by tenants, and on-site parking is provided.
The property occupies 0.49 acres in the Silver Springs Shores subdivision of southeast Ocala. US-301, retail along Maricamp and Baseline, and the broader Ocala and Marion County employment base are accessible from the area.
All four units are occupied, with in-place rents totaling $5,114 per month. Utilities are separately metered and paid by tenants, and on-site parking is provided.
Key Highlights
- Four two‑bedroom, two‑bath units, each measuring 976± SF
- 3,902‑square‑foot property on 0.49± acres
- 2021 concrete block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,707
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,140
$1.1M
Cap Rate 7%
$810,100
$810.1K
Cap Rate 9%
$630,078
$630.1K
Market Conditions
NOI Build-Up for 3,902 SF
Gross rent
$110.0K $28.20/SF
− Vacancy
−$6.9K −$1.78/SF
EGI
$103.1K $26.42/SF
− OpEx
−$46.4K −$11.89/SF
NOI
$56.7K $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%
$1,134,140
Cap Rate 7%
$810,100
Cap Rate 9%
$630,078
Alternative Uses
Best Use
Apartment 5plus
$810.1K
$708.8K – $945.1K
NOI $56,707 @ 7.0% cap · market cap 9.15%
Second Best
Multifamily LT 5
$805.6K
$704.9K – $939.9K
NOI $56,395 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$2.13M
$1.86M – $2.49M
NOI $149,155 @ 7.0% cap · market cap 24.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 34480, FL
21,709
Population
9,864
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
35.2 sq mi
ZIP Area
617
Density / Sq Mi
$75,334
Median Household Income
$40,953
Median Earnings
$1,238
Median Rent
$248,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully leased residences offer matching two-bedroom layouts, durable construction, and separate utility meters.
Where is this quadplex located?
The property is located at 41 JUNIPER PASS Ocala, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Four two‑bedroom, two‑bath units, each measuring 976± SF; 3,902‑square‑foot property on 0.49± acres; 2021 concrete block construction
