Mixed-Use Building with
For Sale
$184,999
617 NE 25TH AVENUE, Ocala, FL 34470
Flexible building with private rooms, kitchen, bonus space, and rear parking for office, residential, or live-work use.
Property Size1,130 SF
Price / SF$163.72
Days on Market66
Property Features for 617 NE 25TH AVENUE
General Information
Standard status
Active
Size
1,130 SF
Property subtype
Mixed Use
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Building Details
Year Built
1953
Buildings
1
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Holly Alfery Beard · License #3475154
(352) 359-7084
Source:
Dennisrealty
Added: Aug 5
Changed: Oct 7
Last Checked: Oct 7 at 1:05PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
This mixed-use property is a 1953 building configured with multiple private rooms, a full bathroom, kitchen, and adaptable bonus room. Central air conditioning, public water and sewer, and a nearly new 2022 roof support the existing improvements. The property also includes a private rear parking area, driveway access behind the building, and a spacious backyard. An RV hookup with electric and septic connections adds another functional feature.
The property is positioned in central Ocala near the Main Library, Marion County Office Complex, downtown Ocala, shopping, restaurants, employment centers, public transportation, and major Marion County roadways. Its layout supports professional office, small-business, live-work, or continued residential use.
The property is positioned in central Ocala near the Main Library, Marion County Office Complex, downtown Ocala, shopping, restaurants, employment centers, public transportation, and major Marion County roadways. Its layout supports professional office, small-business, live-work, or continued residential use.
Key Highlights
- Mixed‑use building constructed in 1953
- Multiple private rooms, full bathroom, kitchen, and bonus room
- Nearly new 2022 roof with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,191
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,820
$283.8K
Cap Rate 7%
$202,729
$202.7K
Cap Rate 9%
$157,678
$157.7K
Market Conditions
NOI Build-Up for 1,130 SF
Gross rent
$24.8K $21.96/SF
− Vacancy
−$2.1K −$1.87/SF
EGI
$22.7K $20.09/SF
− OpEx
−$8.5K −$7.54/SF
NOI
$14.2K $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 Rate 5%
$283,820
Cap Rate 7%
$202,729
Cap Rate 9%
$157,678
Alternative Uses
Best Use
Office B
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 15.80%
Second Best
Mixed Use
$202.7K
$177.4K – $236.5K
NOI $14,191 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$617.1K
$539.9K – $719.9K
NOI $43,195 @ 7.0% cap · market cap 23.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible building with private rooms, kitchen, bonus space, and rear parking for office, residential, or live-work use.
Where is this mixed-use property located?
The property is located at 617 NE 25TH AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $184,999.
What are key features of this property?
This property features: Mixed‑use building constructed in 1953; Multiple private rooms, full bathroom, kitchen, and bonus room; Nearly new 2022 roof with central air conditioning
