OCALA, FL 34471

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Presented By: COLDWELL BANKER ELLISON REALTY O with 352-732-8350. - 352-732-8350
  • MLS# OM682309
  • 01/20/2025
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  • Beds • 48
  • Baths • 24
  • SQFT • 17,416

Home Details

24-unit multi-family portfolio (12 duplexes) all on one 3.89 acre parcel, located within minutes to downtown Ocala. These units all consist of 2-bedroom 1-bath units, and are currently 100% occupied, providing immediate cash flow to new Owners. All 12 buildings have newer metal roofs, installed in 2019, and have seen various upgrades, and renovations over the last few years. There is immediate opportunity for rental increases with current rents well below market.
Presented By: COLDWELL BANKER ELLISON REALTY O with 352-732-8350. - 352-732-8350

Interior Features for

Bedrooms

Total Bedrooms48

Bathrooms

Total Baths24

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresother

General for

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Spaces20
Carport Y/NYes
Cityocala
Construction Materialsblock
Coolingwall/window unit(s)
Countymarion
Directionstraveling west on w hwy 40, turn south on mlk ave, to right on sw 7th st. turn left on sw 19th ave (caddy corner to nh jones school) lantana apartments on left.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income250020
HOANo
Heatingwall furnace
Land Lease Y/NNo
Legal Descriptionsec 13 twp 15 rge 21 s 1/4 of se 1/4 of se 1/4 exc e 666.83 ft & exc rd row & exc n 50 ft of s 190 ft of s 1/2 of se 1/4 of se 1/4 less e 666.83 & less w 30 ft that portion of w 1/2 of abrogated sw 1
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet169448
Lot Size Unitsacres
MLS Area34471 - ocala
ModificationTimestamp2025-05-08t14:08:19.120z
New ConstructionNo
Number Of Units Total24
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Pets Allowedno
Property Subtypeduplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namei and p apartments
Tax Annual Amount26454
Tax Lot0
Tax Year2023
Tenant Payselectricity, sewer, trash collection, water
Utilitieselectricity connected, sewer connected, water connected
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1971
Zoningr2

Exterior for

Covered Spaces20
Exterior Amenitiesother
Foundation Detailsslab
Lot Dimensions140 x 570
Lot Size Acres3.89
Lot Size Area3.89
Number of Buildings12
Private PoolNo
Road Surface Typepaved
Water Sourcepublic

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $2,995,000
MLS#OM682309
List Date 01/20/2025
Property Type Pending
Phone 518.569.7173
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Location
  • Babcock Ranch