$279,999
$20K PRICE DROP

1622 NW 16th St Unit 1624 Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated payment $1,736/month

Total Views 7,412
4 Beds
2 Baths
1,380 Sq Ft
$203 Price per Sq Ft

Highlights

  • End Unit
  • No HOA
  • Walk-In Closet
  • Vanguard High School Rated A-

About This Home

This well maintained duplex offers an excellent opportunity for both first-time homebuyers and savvy investors. Each side features a cozy 2-bedroom, 1-bath layout with 690 sq ft of living space, providing a total of 1,380 sq ft of rental income potential. Currently, both units are occupied producing a combined rental income of $1,500/month. Situated on a spacious quarter-acre corner lot, this duplex is conveniently located just minutes away from downtown, offering easy access to shopping, dining, and entertainment. Additionally, it’s a short drive from the world-renowned World Equestrian Center, making it a prime location for various lifestyle and business needs. Whether you're looking for a home to live in while renting out the other unit or seeking a reliable income-producing property, this duplex is a fantastic choice. Don't miss out on this perfect blend of convenience, comfort, and investment potential!

Listing Agent

NATHANIEL SULEIMAN

CENTRAL CITY REALTY License #3462284 Listed on: 02/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 106x107
  • End Unit

Home Design

  • 1,380 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Additional Features

  • Private Mailbox
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,556 Sq Ft Building
  • Bunche Heights Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,558

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1380
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1556
  • Lot Size Sq Ft: 11326
  • Directions to Property: go direct
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SW 27th Avenue
  • Escrow Street Number: 3028
  • List Office Head Office Key Nume: 708404309
  • RATIO Current Price By Calculate: 202.90
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 1622
  • Living Area Meters: 128.21

Exterior Features

  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R2
  • Parcel Number: 2195-059-000
  • Additional Parcels: No
  • Lot Dimensions: 106x107
  • Flood Zone Code: X
  • Lot Size Square Meters: 1052

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 1500

Multi Family

  • Gross Income: 18000
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2557.83
  • Tax Block: 0/0
  • Tax Book Number: C-098BUNCHE
  • Tax Lot: 59

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2024 $2,558 $103,491 -- --
2023 $2,558 $94,083 $0 $0
2022 $1,878 $85,530 $0 $0
2021 $2,153 $85,680 $4,611 $81,069
2020 $1,333 $76,500 $4,611 $71,889
2019 $1,186 $64,260 $2,306 $61,954
2018 $1,084 $59,670 $2,306 $57,364
2017 $1,001 $54,188 $2,306 $51,882
2016 $973 $52,020 $0 $0
2015 $927 $48,807 $0 $0
2014 $851 $47,685 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $279,999 -6.7% $203 / Sq Ft
02/28/2025 02/28/25 For Sale $299,999 -- $217 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $53,000 Superior Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Unknown
Previous Owner $22,600 Credit Line Revolving
Previous Owner $47,700 Fannie Mae Freddie Mac
Source: Public Records

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See All Homes in Ocala

Source: Stellar MLS

MLS Number: OM696255

Stellar MLS

APN: 2195-059-000

Florida Marion County Ocala 34475 Northwest Ocala

1622 NW 16th St Unit 1624, Ocala, FL

This home is located at 1622 NW 16th St Unit 1624, Ocala, FL 34475 and is currently priced at $279,999, approximately $202 per square foot. This property was built in 1985. 1622 NW 16th St Unit 1624 is a home located in Marion County with nearby schools including South Ocala Elementary School, Howard 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

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NATHANIEL SULEIMAN
Listing Agent
NATHANIEL SULEIMAN
Section Image
CENTRAL CITY REALTY
(352) 280-3230