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114 NE Tuscawilla Ave - The Brown House (Downtown Ocala) 1,980 SF Specialty Building Offered at $375,000 at a 8.24% Cap Rate in Ocala, FL 34470

Residential Income Homes Florida Ocala 114 NE Tuscawilla Ave, Ocala, FL 34470

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Investment Highlights

  • Live -Work flexible multi-use Zoning
  • New 50 year Roof
  • Off street Parking Downtown Ocala

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $375,000 Building Class C
Price Per SF $189.39 Lot Size 0.13 AC
Sale Type Investment Building Size 1,980 SF
Cap Rate 8.24% No. Stories 2
Sale Condition Lease Option Year Built 1912
Property Type Specialty Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype
Residential Income
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Zoning FBC - Residential
Price $375,000
Price Per SF $189.39
Sale Type Investment
Cap Rate 8.24%
Sale Condition Lease Option
Property Type Specialty
Property Subtype
Residential Income
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.13 AC
Building Size 1,980 SF
No. Stories 2
Year Built 1912
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning FBC - Residential
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Source: Local Logic®

Property Taxes

Parcel Number 2824-000-002 Improvements Assessment $159,757
Land Assessment $45,304 Total Assessment $205,061

Property Taxes

Parcel Number
2824-000-002
Land Assessment
$45,304
Improvements Assessment
$159,757
Total Assessment
$205,061
(561) 306-5275

Still interested?

Contact the broker for more information about this property

Contact

  • Ken Close
    Ken Close
  • TIG REALTY LLC

  • Listing ID: 35745848

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 114 NE Tuscawilla Ave, Ocala, FL 34470

The Downtown Ocala Specialty Property at 114 NE Tuscawilla Ave, Ocala, FL 34470 is currently available. Contact TIG REALTY LLC for more information.

SPECIALTY PROPERTIES IN NEARBY NEIGHBORHOODS

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114 NE Tuscawilla Ave - The Brown House (Downtown Ocala)

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