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1801-1803 14th Avenue
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PRICED AT ONLY: $249,000

Address: 1801-1803 14th Avenue, OCALA, FL 34470

Description

******* Unique Income Property with Commercial Potential in Ocala! ***** 18011803 NE 14th Ave presents a rare opportunity to own a dual structure property offering both immediate rental income and future upside potential all on one parcel, 1.33 acres and in a prime Ocala location. 1801 NE 14th Ave Charming 2 bedroom, 1 bath single family home currently rented for $1,400/month to a reliable tenant with lease. Features include a spacious 729 Sq. Ft. of living area, functional kitchen, and a detached 1 car garage perfect for storage or additional value added use. 1803 NE 14th Ave: Behind the house and garage is a separate 1,540 S.F. structure, housing a large workshop, previously used for commercial/industrial purposes. This building offers significant square footage and flexible space, making it ideal for a contractor, mechanic, artist studio, or conversion to additional rental space. The back working structure does require renovations, but the potential for sweat equity or future cash flow is strong. Corner lot, on an acre plus (57,935sf) with ample parking and easy access for residential or commercial use. Zoned Residential and Commercial Manufacturing. At the end of a very quiet street, backing up to a railroad. The acreage is positioned in an area with consistent rental demand, located just minutes from downtown Ocala, schools, and major highways. Future Potential: Add value by doing a lot split or renovating the workshop for commercial use, or storage, or rental, or add a structure for additional residential income (verify with zoning). Whether you're an investor looking for a mixed use income property or an owner occupant with a vision that needs plenty of room, this property is an opportunity you wont want to miss.
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  • MLS#: TB8401607 ( Residential )
  • Street Address: 1801-1803 14th Avenue
  • Viewed: 78
  • Price: $249,000
  • Price sqft: $342
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 729
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 108
  • Acreage: 1.33 acres
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Storage
  • Flooring: Other
  • Living Area: 729.00
  • Other Structures: Other, Workshop
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot, Oversized Lot, Street Dead-End
School Information
  • High School: Vanguard High School
  • Middle School: Fort King Middle School
  • School Elementary: Wyomina Park Elementary School
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Other, Range, Refrigerator
  • Country: US
  • Interior Features: Kitchen/Family Room Combo, Other, Primary Bedroom Main Floor
  • Legal Description: SEC 09 TWP 15 RGE 22 PARCEL A: COM AT THE NW COR OF SEC 9 TH S 00-12-40 E 683.34 FT TH E 25 FT TO THE POB TH N 00-12-40 W 53.34 FT TH E 170.35 FT TH S 00-59-16 E 99.08 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TO THE POB & PARCEL B: COM AT THE NW CO R OF SEC 9 TH S 00-12-40 E 683.34 FT TO THE POB TH CONT S 00-12-40 E 331.31 FT TO A PT BEING ON A CURVE CONCAVE SELY HAVING A RADIUS OF 2121.70 FT TH NELY ALONG ARC OF CURVE A CHORD BEARING & DISTANCE OF N 64-49-15 E 219.84 FT TH N 00-59-16 W 192.09 FT TH W 171.69 FT TH N 00-12-40 W 45.73 FT TH W 25 FT TO THE POB
  • Levels: One
  • Area Major: 34470 - Ocala
  • Occupant Type: Tenant
  • Parcel Number: 26404-002-00
  • Views: 78
  • Zoning Code: M1
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Wade M. Berlin