805 14Th St Ocala, FL 34471
This mixed-use property in Ocala, Florida, presents a compelling investment opportunity. Located at 805 SE 14th Street, 34471, this 0.29-acre lot features a duplex with two units, each offering 2 bedrooms and 1 bathroom. Both units include a laundry room and boast recently completed renovations. Upgrades include a brand-new roof, fresh paint, modern flooring, new stainless-steel appliances, granite countertops, updated fixtures, a new driveway, and new landscaping. The property also features nearly new air conditioning units and water heaters. Each unit has separately metered utilities. The property's prime location offers golf cart accessibility to the downtown area, restaurants, and shops. Two hospitals are within walking distance. Currently vacant, each unit has a rental potential of approximately $1600 per month, based on comparable properties in the area. Alternatively, the unique downtown location presents an attractive option for short-term rentals. This property is ideal for investors seeking a turnkey operation or those looking for a blend of convenience and style. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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