New Construction Duplex with
6505 SW 140TH PLACE Road, Ocala, FL 34473
For Sale
$514,900
Residential, OCALA, FL
Property Size2,662 SF
Lot Size0.44 Acres
Price / SF$193.43
Days on Market54
Property Features for 6505 SW 140TH PLACE Road
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
laundry area
covered lanai
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
FLORIDA REALTY INVESTMENTS
(407) 207-2220
Listed By:
Fabiola Lemos · License FL #3455581
(407) 666-7220
Added: Sep 23
Changed: Nov 14
Last Checked: Nov 15 at 1:06AM
MLS# O6444265
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 under-construction duplex is planned as a 2,662-square-foot residential income property on 0.44 acres. Both residences include three bedrooms, two bathrooms, an open living and dining arrangement, a kitchen with a dishwasher, disposal, microwave, range, and refrigerator, plus a laundry area. Each unit also has an attached one-car garage, a primary bedroom with a walk-in closet, and a covered lanai.
The property is scheduled for completion in 2026 and is constructed with block and stucco, vinyl flooring, central heating and central air, shingle roofing, and exterior lighting. Water service is provided by a well and wastewater by a septic tank. RPUD zoning applies, and a 2-10 Home Buyers Warranty is included.
The property is scheduled for completion in 2026 and is constructed with block and stucco, vinyl flooring, central heating and central air, shingle roofing, and exterior lighting. Water service is provided by a well and wastewater by a septic tank. RPUD zoning applies, and a 2-10 Home Buyers Warranty is included.
Key Highlights
- 0.44‑acre duplex property with 2,662 square feet of building area
- Two units, each with 3 bedrooms and 2 bathrooms
- Attached one‑car garage provided for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,686
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,720
$773.7K
Cap Rate 7%
$552,657
$552.7K
Cap Rate 9%
$429,844
$429.8K
Market Conditions
NOI Build-Up for 2,662 SF
Gross rent
$75.1K $28.20/SF
− Vacancy
−$4.7K −$1.78/SF
EGI
$70.3K $26.42/SF
− OpEx
−$31.7K −$11.89/SF
NOI
$38.7K $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%
$773,720
Cap Rate 7%
$552,657
Cap Rate 9%
$429,844
Alternative Uses
Best Use
Apartment 5plus
$552.7K
$483.6K – $644.8K
NOI $38,686 @ 7.0% cap · market cap 7.51%
Second Best
Multifamily LT 5
$549.6K
$480.9K – $641.2K
NOI $38,473 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,756 @ 7.0% cap · market cap 19.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 34473, FL
21,548
Population
9,313
Households
2.3
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
35.8 sq mi
ZIP Area
602
Density / Sq Mi
$70,559
Median Household Income
$36,474
Median Earnings
$1,406
Median Rent
$242,400
Median Home Value
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Market
Average Price Trend$/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 - Two separate residences feature open interiors, attached garages, private laundry areas, and covered lanais.
Where is this duplex located?
The property is located at 6505 SW 140TH PLACE Road Ocala, FL.
What is the asking price?
The asking price for this property is $514,900.
What are key features of this property?
This property features: 0.44‑acre duplex property with 2,662 square feet of building area; Two units, each with 3 bedrooms and 2 bathrooms; Attached one‑car garage provided for each residence
