Property profile

120 Sanchez Ave Ocala, FL 34470

OFF-MARKET
Mixed-use properties
Property ID
US18-8058146
1,565 SF 0.17 ac lot Built 1918
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Property summary

AI-generated overview

This stunning 1,565 sq ft mixed-use property in Ocala's historic district offers a unique blend of historic charm and modern convenience. The main house, a beautifully renovated 2-bedroom, 2.5-bathroom home, features two master suites, updated electric and plumbing, a new roof, and preserved original hardwood floors. A covered front porch and a landscaped courtyard-style backyard with a covered side porch and patio provide ample space for relaxation and entertaining. A detached 1-bedroom, 1-bathroom cottage with its own kitchen, private entrance, parking, and yard offers significant rental potential, ideal for guests or generating additional income. Currently leased as a successful Airbnb through March, this property boasts a proven track record of consistent rental income. The main house also has potential for a separate full-term lease at $2,500 per month. Situated on a desirable 0.17-acre corner lot, this property offers convenient access to downtown Ocala's shops, restaurants, and amenities. This exceptional property presents a rare opportunity for both homeowners and investors seeking a profitable and historically significant investment. The property's versatility and proven rental history make it an attractive option for those seeking immediate income generation and long-term appreciation. The combination of a charming main house and a separate income-producing cottage provides a unique and lucrative investment opportunity in a prime Ocala location.

Property profile

Verified
Property type Mixed-use properties
Year built 1918
Total area 1,565 SF
Lot 0.17 ac (7,405 SF)
UPID US18-8058146

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company

Location

120 Sanchez Ave Ocala, FL 34470
Ocala metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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