Updated
414 NE 9TH Avenue, Ocala, FL 34470
For Sale
New
$295,000
Residential Income, OCALA, FL
Property Size1,856 SF
Lot Size0.40 Acres
Price / SF$158.94
Days on Market2
Property Features for 414 NE 9TH Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
SELLSTATE NEXT GENERATION REALTY
(352) 387-2383
Listed By:
Jina Humphries
(352) 274-2631
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 12:06PM
MLS# OM734683
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.
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Investment Insights
Based on property information with market context.
This 1,856-square-foot duplex sits on a 0.4-acre parcel and was built in 1966. Recent work includes a new roof, central HVAC systems, and laminate flooring. The concrete building has a shingle roof, central air, and a porch; public water and sewer serve the property. R1A zoning is listed.
Tuscawilla Park and a branch of the Ocala Fire Department and Police Department are each two blocks away. The park has trails, picnic areas, playgrounds, sports courts, a baseball field, and a fishing dock at Lake Tuscawilla.
Tuscawilla Park and a branch of the Ocala Fire Department and Police Department are each two blocks away. The park has trails, picnic areas, playgrounds, sports courts, a baseball field, and a fishing dock at Lake Tuscawilla.
Key Highlights
- 1,856‑square‑foot duplex on a 0.4‑acre parcel
- New roof and central HVAC systems
- Laminate flooring added
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,973
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,460
$539.5K
Cap Rate 7%
$385,329
$385.3K
Cap Rate 9%
$299,700
$299.7K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$52.3K $28.20/SF
− Vacancy
−$3.3K −$1.78/SF
EGI
$49.0K $26.42/SF
− OpEx
−$22.1K −$11.89/SF
NOI
$27.0K $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%
$539,460
Cap Rate 7%
$385,329
Cap Rate 9%
$299,700
Alternative Uses
Best Use
Apartment 5plus
$385.3K
$337.2K – $449.6K
NOI $26,973 @ 7.0% cap · market cap 9.14%
Second Best
Multifamily LT 5
$383.2K
$335.3K – $447.1K
NOI $26,824 @ 7.0% cap · market cap 9.09%
Theoretical Best
Office A
$1.01M
$886.8K – $1.18M
NOI $70,946 @ 7.0% cap · market cap 24.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,886
Businesses Nearby
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Business Placement
Demographics for 34470, FL
20,483
Population
10,121
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
13.4 sq mi
ZIP Area
1,529
Density / Sq Mi
$49,592
Median Household Income
$36,957
Median Earnings
$1,124
Median Rent
$171,500
Median Home Value
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Market
Average Price Trend$/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 - The property includes new roofing, central HVAC systems, and laminate flooring.
Where is this duplex located?
The property is located at 414 NE 9TH Avenue Ocala, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,856‑square‑foot duplex on a 0.4‑acre parcel; New roof and central HVAC systems; Laminate flooring added
