$2,940,000
10,746
1.02 Acre Lot

505, Ocala, Florida 34470

  • Residential Income Property Type
  • 10,746 Square Footage
  • Driveway Cars Garage
  • 2002 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
OM701960
$2,940,000
Park/Greenbelt
10,746
2002
1.02 Acre
Active
Multi Family
: Shingle
Features
: Central, Electric
: Central Air
: Driveway, Off Street, Curb Parking, On Street
: Balcony, Courtyard, French Doors, Awning(s), Fence
: Window Treatments
: Other
: Public Sewer
: Cable Available, Electricity Connected, Sewer Connected, Water Connected
1
Address Map
US
FL
Marion
Ocala
SMITH & DAUGHERTY ADD
34470
SANCHEZ
505, 525, 501,413
AVENUE
W83° 52' 8.7''
N29° 11' 31.4''
From Downtown Ocala take SR 40 East towards NE 8th Avenue and go left. Take to NE 9th Street and go left, immediate left onto Sanchez Avenue (road goes through the Reilly Arts Center Property). Once you pass the ball fields and the VFW the property will be on the left.
34470 - Ocala
NE
all units
R3
Additional Info
REMAX/PREMIER REALTY
Kristen Dreyer
$0
$0
Additional Information
: Street Lights
: Block, Stucco
: Slab
: Paved, Street One Way, Near Public Transit, City Limits
16
2025-05-20
TUSCAWILLA
: Public
Financial
2277.28
Listing Information
271514669
271500110
Active
2025-05-21T05:01:15Z
Stellar
: None
2025-05-20T17:52:21Z
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Contact Agent
Contact Us
407-615-0866