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    1333 17Th St Ocala, FL 34471

    Sponsored
    For Sale
    $1,200,000

    1.7-Acre Mixed-Use Property, $1.2M

    Property size:
    4,294 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.7-acre parcel in Ocala, Florida, presents a rare development opportunity on the desirable SE 17th Street corridor. The property, encompassing 4,294 square feet, is zoned R1 and offers significant potential for redevelopment into a variety of mixed-use projects, including multi-family townhouses or apartments. Its prime location provides easy access to essential amenities, educational institutions, shopping, and recreational facilities, ensuring high desirability for future residents. The property's expansive size allows for creative and efficient layout planning, maximizing functionality and aesthetic appeal. This is an ideal investment for developers seeking a lucrative venture in Ocala's thriving real estate market. The property is situated in Marion County, Florida, with the address being 1333 SE 17th St, Ocala, FL 34471. The property includes one building constructed in 1967. A rezoning will be required for projects beyond the current R1 zoning. This is a unique opportunity to capitalize on the growing demand for upscale living in this sought-after Florida region. The asking price is $1,200,000, translating to $279.46 per square foot. The property's APN is 2936-006-007. Directions: From South Pine Ave, turn left onto SE 17th St; the property is on the left at the corner of SE 17th and SE 14th Ave.

    Property Features for 1333 17Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,294 SF
    Lot Size
    74,052 SF

    Building Details

    Year Built
    1967
    Buildings
    1
    Units
    1

    HighLights

    • $1,200,000 asking price for a 1.7‑acre mixed‑use property.
    • 4,294 square feet, 1 building, built in 1967.
    • Located at 1333 SE 17th St, Ocala, FL 34471 (APN: 2936‑006‑007).
    • Currently zoned R1; rezoning required for multifamily development.
    • Excellent redevelopment opportunity for townhouses or apartments in a prime Ocala location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocala
    County
    Marion
    State
    Florida
    Longitude
    -82.121849273701
    Latitude
    29.171532379284

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    FAQs

    What type of property is this?
    Multifamily property - 1.7-Acre Mixed-Use Property, $1.2M
    Where is this multifamily property located?
    The property is located at 1333 17Th St Ocala, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a 1.7-acre mixed-use property.; 4,294 square feet, 1 building, built in 1967.; Located at 1333 SE 17th St, Ocala, FL 34471 (APN: 2936-006-007).
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    Ocala, FL 34471
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1333 17Th St Ocala, FL 34471
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