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Barcelona Duplex 16046 SW 29th Terrace Rd 2 Unit Apartment Building $520,000 ($260,000/Unit) 9.86% Cap Rate Ocala, FL 34473

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INVESTMENT HIGHLIGHTS

  • HIGH CEILINGS, RECESSED LIGHTING,
  • SOFT CLOSE CABINETS, QUARTZ COUNTER TOP, STAINLESS STEEL APPLIANCES
  • DOUBLE PANE WINDOWS, LUXURY VINYL FLOORINGS THROUGH OUT HOME
  • 1,543 SF UNDER AIR EACH UNIT

EXECUTIVE SUMMARY

City Water & Septic Systems

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $60,000 $19.44
Other Income - -
Vacancy Loss - -
Effective Gross Income $60,000 $19.44
Taxes $6,330 $2.05
Operating Expenses $2,400 $0.78
Total Expenses $8,730 $2.83
Net Operating Income $51,270 $16.61

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $60,000
Annual Per SF $19.44
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $60,000
Annual Per SF $19.44
Taxes
Annual $6,330
Annual Per SF $2.05
Operating Expenses
Annual $2,400
Annual Per SF $0.78
Total Expenses
Annual $8,730
Annual Per SF $2.83
Net Operating Income
Annual $51,270
Annual Per SF $16.61

PROPERTY FACTS

Price $520,000
Price Per Unit $260,000
Sale Type Investment
Cap Rate 9.86%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.48 AC
Building Size 3,086 SF
No. Stories 1
Year Built 2025
Zoning R 2 PUD - DUPLEX ZONING

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Pet Play Area
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8004-0433-10
Land Assessment
$27,720 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$27,720 (2024)
Annual Taxes
$6,330 ($2.05/SF)
Tax Year
2025
  • Listing ID: 35458615

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 16046 SW 29th Terrace Rd, Ocala, FL 34473

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