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Renovated Quadplex with New Roof
New
For Sale
$409,000

51 NW 21ST Place, Ocala, FL 34475

Residential Income, OCALA, FL

Property Size2,695 SF
Lot Size0.23 Acres
Price / SF$151.76
Days on Market7

Property Features for 51 NW 21ST Place

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 4
Interior features Ninguno
Subdivision NORTHROADS PARK
Directions From US-27, head north on N Pine Avenue/US-301/US-441. Turn right onto NW 20th Street, then left onto NW 1st Avenue. Turn right onto NW 21st Place. Property will be on NW 21st Place at 51 NW 21st Place.
Standard status Active
APN 2511-003-000
Size 2,695 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 3
Tax Annual Amount 4489
Legal Description SEC 05 TWP 15 RGE 22 PLAT BOOK T PAGE 070 NORTH ROADS PARK LOT 3

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1981
Building materials Block
Roof type Shingle
Listing Agency: HOMERUN REALTY
Listed By: Dawn Padot · License #0681325
Added: Sep 11 Changed: Sep 17 Last Checked: Sep 17 at 1:06PM
MLS# OM732134

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 quadplex contains approximately 2,695 square feet across four occupied units. The configuration includes two 1-bedroom, 1-bath residences and two 2-bedroom, 1-bath residences, creating a balanced mix within the building. Block construction, shingle roofing, and public water and sewer serve the property. Built in 1981, the asset was renovated in 2016 and received a new roof in 2022.

The property sits on a 0.23-acre lot in Ocala, Florida, and is identified as R3 zoning. All four residences are currently occupied, providing an existing multifamily operating profile for a buyer evaluating a smaller residential income property.

Key Highlights

  • Four‑unit quadplex with all units currently occupied
  • Approximately 2,695 square feet of total property size
  • Unit mix includes two 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Veterinary Clinic

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

591
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Fully occupied four-unit property with a two-bedroom and one-bedroom unit mix, block construction, and public utilities.
Where is this quadplex located?
The property is located at 51 NW 21ST Place Ocala, FL.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently occupied; Approximately 2,695 square feet of total property size; Unit mix includes two 1‑bedroom, 1‑bath units and two 2‑bedroom, 1‑bath units
More about this property
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