Skip To Content

29 NE 1st Avenue

Ocala, FL 34470
  • $1,950,000
  • STATUS: Pending
  • ON SITE: 36 Days
  • MLS #: OM674891
Pending
$1,950,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,240
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1917
County:
Area:

School Ratings & Info

Description

Great downtown investment opportunity. Property consist of two downtown retail units and 3 upstairs luxury apartments with designated parking. Property is fully leased and generating approx. $132,000 in annual income after expenses. Sale Price reflects a 6.75% cap rate for commercial and residential income.

Monthly Payment Calculator




© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-20T19:45:16.807.
www.thefennigteam.com/homes/148622667
Print Image

29 NE 1st Avenue Ocala, FL 34470

  • Price: $1,950,000
  • Status: Pending
  • On Site: 36 Days
  • MLS #: OM674891
0
Beds
0
Baths
0
½ Baths
0.15
Acres
10,240
SQFT
$190
$/SQFT
1917
Built
Neighborhood:
Ocala
County:
Marion
Area:
Ocala
Property Description
Great downtown investment opportunity. Property consist of two downtown retail units and 3 upstairs luxury apartments with designated parking. Property is fully leased and generating approx. $132,000 in annual income after expenses. Sale Price reflects a 6.75% cap rate for commercial and residential income.
Exterior Features

Construction Materials BlockBrickStoneStuccoWood Frame Foundation Details Crawlspace Lot Size Dimensions 56 x 116 Road Frontage Type City Street Road Surface Type Paved Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 10240 Cooling Central Air Cooling YN Yes Stories Total 1

Property Features

Flood Zone Code X New Construction Yn No Ownership Other Property Sub Type Mixed Use Special Listing Conditions None Tax Annual Amount 20376.16 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of GUS GALLOWAY REALTY INC: 352-622-8127.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-20T19:45:16.807.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_OM674891-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_OM674891-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_OM674891-2.jpg
Logo
The Fennig Team | Keller Williams Realty Naples
879 Vanderbilt Beach Road
Naples FL, 34108