$365,000
$10K PRICE DROP

114 NE Tuscawilla Ave Ocala, FL 34470

Downtown Ocala Neighborhood

Estimated payment $2,396/month

Total Views 14,194
4 Beds
4 Baths
1,930 Sq Ft
$189 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • Park or Greenbelt View
  • No HOA
  • Vanguard High School Rated A-
  • High Ceiling
  • Balcony

About This Home

Reduced 10K to sell!! Lease in Hand.. Recent Appraisal places value 10K Over Asking!! Time to grab this one! An opportunity to own a downtown Ocala Duplex with multiple options. Live in one and rent the other as an apartment or to a business as the property has the flexible FBC Zoning (See attachment) or rent both units out for income. The property offers 2 apartments (one on each floor) each with 2 bedrooms and 2 full Bathrooms. The location is walking distance to the active Downtown Square and beautiful Tuscawilla park which offers tennis/pickleball and basketball courts in addition to its waterfront shaded walkways. The new Downtown station is 1 block away and bus access is less than a block away. Off street parking for 4 cars+. NO HOA. NO SEPTIC! Recent renovations to this historic home are a brand-new 50 Yr. ROOF (2025), 2 water heaters, updated electric and PVC plumbing pipes. City Water & City Sewer. Property qualifies for Annual improvement grants per fiscal year with re-imbursement plan for up to 60% of approved upgrades each year! Location, condition flexible use and aggressive pricing for this desired area make this a must see!

Listing Agent

Ken Close

TIG REALTY LLC Brokerage Phone: 561-515-2686 License #679341 Listed on: 04/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,557

Year Built

  • Built in 1914

Home Design

  • Duplex
  • Elevated Home
  • Bi-Level Home
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,930 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • Wood Frame Window
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Parking

  • 4 Parking Garage Spaces
  • Driveway
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 5,663 Sq Ft Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,930 Sq Ft Building
  • Reardon Middle Town Lts Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Operating Expense $7,500
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,557

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 1930
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1914
  • Building Area Total: 1930
  • Lot Size Sq Ft: 5663
  • Tenant Pays: Electricity
  • Directions to Property: Silver Springs to Tuscawilla North house on the left Side.
  • Status: Active
  • Street Direction: NE
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044031
  • RATIO Current Price By Calculate: 189.12
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Elevated
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_DockYN: 0
  • Attribution Contact: 561-515-2686
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Living Room
  • Living Area Units: Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fans(s), High Ceilings
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds, Wood Frames
  • Street Number Modifier: 114
  • Living Area Meters: 179.30

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt
  • Waterfront: No
  • Road Surface Type: Limerock
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-04-19
  • Flood Zone Panel: 12083C0509E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Common Area, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: FBC
  • Parcel Number: 2824-000-002
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 526

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3200
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Confirm Prospective use with all applicable codes via the City of Ocala.

Multi Family

  • Gross Income: 38400
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1
  • Est Annual Market Income: 38400.00
  • Total Monthly Expenses: 585

Tax Info

  • Tax Annual Amount: 4557
  • Tax Block: 000
  • Tax Book Number: E-012REARDON
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,557 $172,788 $0 $0
2022 $3,321 $157,080 $10,500 $146,580
2021 $3,979 $146,880 $10,500 $136,380
2020 $2,246 $159,120 $8,925 $150,195
2019 $805 $43,608 $8,925 $34,683
2018 $1,330 $73,200 $12,675 $60,525
2017 $1,327 $71,819 $12,675 $59,144
2016 $1,316 $70,370 $0 $0
2015 $1,285 $67,682 $0 $0
2014 $1,168 $66,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $365,000 -2.7% $189 / Sq Ft
04/21/2025 04/21/25 For Sale $375,000 -- $194 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $223,000 Fidelity National Title Of Flo
Warranty Deed $170,000 Signature T&E Svcs Llc
Warranty Deed $50,000 Marion Lake Sumter Titlellc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,500 New Conventional
Previous Owner $57,000 Unknown
Source: Public Records

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Source: Stellar MLS

MLS Number: O6294827

Stellar MLS

APN: 2824-000-002

Florida Marion County Ocala 34470 Downtown Ocala

114 NE Tuscawilla Ave, Ocala, FL

This home is located at 114 NE Tuscawilla Ave, Ocala, FL 34470 and is currently priced at $365,000, approximately $189 per square foot. This property was built in 1914. 114 NE Tuscawilla Ave is a home located in Marion County with nearby schools including Wyomina Park Elementary School, Fort King Middle School, and Vanguard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Ken Close
Listing Agent
Ken Close
Section Image
TIG REALTY LLC
(352) 366-5433