New Listing - 05/20/2025

$2,940,000 ($273.59 per sqft)

Est. Mortgage $15,255/mo *

Quick Pre-Approval

505, 525, 501,413 NE SANCHEZ AVENUE, #all units, Ocala, FL, 34470

505, 525, 501,413 NE SANCHEZ AVENUE, #all units, Ocala, FL, 34470

0 beds

2002

10,746 sqft

Rare opportunity! Being offered for the first time, take note of this once in a lifetime opportunity to own a multifamily property with frontage along Ocala's Tuscawilla Park. Featuring a grouping of 4 parcels, each with a residential component, the location and future opportunity speak for itself. Located in an area of focused redevelopment, there is limited opportunity to own private property alongside Tuscawilla Park. Close to public transportation and walkable to both midtown and downtown, restaurants and shopping. Your residents can walk through Tuscawilla Park, enjoy a show at the Reilly Arts Center or the numerous art galleries, play tennis at the city courts across the street, enjoy the playground, enjoy a meal at Midtown Station that is steps away - the opportunities are endless! All City of Ocala residents have a free membership at the award winning Mary Sue Rich Community Center. Buy this property and live in the main house while you rent out the rest or keep it all an income producing property. All units are individually metered and are on City of Ocala utilities for electric, water, sewer and trash. A detailed list of each property with size, age and updates is available. These contiguous properties are being sold as a package and have been well maintained by the original owner. Get in on a piece of history and future redevelopment now!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Other

Units:

16

Subdivision:

SMITH & DAUGHERTY ADD

Garage:

Curb Parking, Driveway, Off Street, On Street

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

1.02

Est. Taxes:

$2,277

Construction

Block, Stucco

Utilities

Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected

Lot Description:

City Lot, Near Public Transit, Street One Way

View Description:

Park/Greenbelt

Pet Policy:

No

MLS #:

OM701960


Community Info

School Info

Walk Score

Yelp



Listing courtesy of REMAX/PREMIER REALTY Phone: 352-732-3222