Mixed-Use Live-Work
For Sale
$992,000
434 SW 14TH Street, Ocala, FL 34471
Commercial Sale, OCALA, FL
Property Size6,776 SF
Lot Size0.18 Acres
Price / SF$161.25
Days on Market105
Property Features for 434 SW 14TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B1A
Appliances
Refrigerator
Subdivision
MEADOWVIEW ADD 03
Lot features
City Limits, Landscaped, Near Public Transit, Paved
Directions
From Hwy 40 & 441 go South on 441 Pine Ave turn Right on SW 14th Street. Office will be on the Left
Standard status
Active
APN
28575-008-19
Size
6,152 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 19 TWP 15 RGE 22 PLAT BOOK C PAGE 015 MEADOW VIEW 3RD ADD BLK H W 1/2 OF LOT 19 & LOTS 20.21. TOGETHER WITH N 1/2 OF ABROGATED ALLEY LYING S OF AND ADJACENT TO SAID LOTS
Tax Annual Amount
9072
Legal Description
SEC 19 TWP 15 RGE 22 PLAT BOOK C PAGE 015 MEADOW VIEW 3RD ADD BLK H W 1/2 OF LOT 19 & LOTS 20.21. TOGETHER WITH N 1/2 OF ABROGATED ALLEY LYING S OF AND ADJACENT TO SAID LOTS
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1999
Floors in Building
3
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
SOUTHERN ASSOCIATES REALTY LLC
(352) 877-3099
Listed By:
David Moore · License #3304995
(352) 877-3099
Added: May 13
Changed: Aug 24
Last Checked: Aug 25 at 5:06AM
MLS# OM724619
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.
Investment Insights
Based on property information with market context.
This mixed-use property combines a professional office component with a private residence in a two-level configuration. The main level includes multiple private offices, a conference area, reception space, and office improvements suited to professional services. The upper level contains a five-bedroom residence with upscale finishes and dedicated areas for living and entertaining. The property encompasses 0.18 acres and was constructed in 1999.
Located in Ocala, Florida, the property is positioned near downtown, hospitals, government offices, and major business centers. B1A zoning, central air, electric heat-pump heating, block and concrete construction, a shingle roof, public sewer, and available electricity are among the documented property features. A vacant lot directly across the street is also available separately and may provide additional parking.
Located in Ocala, Florida, the property is positioned near downtown, hospitals, government offices, and major business centers. B1A zoning, central air, electric heat-pump heating, block and concrete construction, a shingle roof, public sewer, and available electricity are among the documented property features. A vacant lot directly across the street is also available separately and may provide additional parking.
Key Highlights
- Mixed‑use property with B1A zoning
- Professional office layout with private offices, conference area, and reception space
- Five‑bedroom private residence on the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,259
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,545,180
$1.5M
Cap Rate 7%
$1,103,700
$1.1M
Cap Rate 9%
$858,433
$858.4K
Market Conditions
NOI Build-Up for 6,152 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$135.1K $21.96/SF
− Vacancy
−$11.5K −$1.87/SF
EGI
$123.6K $20.09/SF
− OpEx
−$46.4K −$7.54/SF
NOI
$77.3K $12.56/SF
Area
Marion County, FL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,545,180
Cap Rate 7%
$1,103,700
Cap Rate 9%
$858,433
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,091 @ 7.0% cap · market cap 16.04%
Second Best
Mixed Use
$1.10M
$965.7K – $1.29M
NOI $77,259 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,162 @ 7.0% cap · market cap 23.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,911
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - B1A-zoned property combines professional office space with a private five-bedroom residence in central Ocala.
Where is this mixed-use property located?
The property is located at 434 SW 14TH Street Ocala, FL.
What is the asking price?
The asking price for this property is $992,000.
What are key features of this property?
This property features: Mixed‑use property with B1A zoning; Professional office layout with private offices, conference area, and reception space; Five‑bedroom private residence on the upper level
