NOT LISTED FOR SALE

327 NE 8th Ave Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $416,000 - $431,403

6 Beds
4 Baths
2,829 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $425,000 $150 Per Sq Ft

Current estimated payment $2,670/month

12 Days on Market

Highlights

  • No HOA
  • Rear Porch
  • Screened Patio
  • Vanguard High School Rated A-
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of February 2025

Amazing opportunity to own a duplex building built in 2016. Each side features 3 bedrooms, 2 bathrooms, an inside laundry room and ample living space. BOTH units are currently rented for a total annual rental income of $34,800.00 Located in the desired neighborhood of Tuscawilla Park, this property is close to public transportation and is walkable to downtown, restaurants and shopping. Walk to Tuscawilla Park, the Reilly Arts Center and numerous art galleries. Buy this property and live in one side while you rent out the other or keep it an income producing property. Both units are individually metered and are on City of Ocala utilities. Exterior of property was just repainted as well as interior of one unit. Roof is only 9 years old. This is the property you have been looking for!

Last Agent to Sell the Property

Kristen Dreyer

REMAX/PREMIER REALTY Brokerage Phone: 352-732-3222 License #3321579 Listed on: 12/26/2024

REMAX/PREMIER REALTY

Last Buyer's Agent

Manuel Molinos

EXP REALTY SOUTH LLC License #3444911

EXP REALTY SOUTH LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,829 Sq Ft Home
  • Ceiling Fan
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Parking

  • Common or Shared Parking
  • Driveway

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Smith & Daughterys Add/Ocala Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,820

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2829
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 2016
  • Lot Size Sq Ft: 15246
  • Directions to Property: From downtown Ocala take HWY 40/Silver Springs Boulevard East to NE 8th Avenue (Walgreens on corner). Turn left (north). Go through two stop lights and duplex will be on the right hand side across from the fire department.
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow Postal Code: 34470
  • Escrow State: FL
  • Escrow Street Name: NE First Avenue #3
  • Escrow Street Number: 125
  • List Office Head Office Key Nume: 1044887
  • RATIO Current Price By Calculate: 150.23
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-732-3222
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 327
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 262.82

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • 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
  • Parking Features: Common, Driveway

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Sewer,Trash,Water

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: B1
  • Parcel Number: 2826-027-000
  • Additional Parcels: No
  • Lot Features: City Limits, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1416

Multi Family

  • Gross Income: 34800
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4819.52
  • Tax Block: N/A
  • Tax Book Number: E-008SMITH
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2024
Closed on
Feb 5, 2025
Sold by
Breech Lawrence D
Bought by
Allen Horace and Allen Khadija Kayla
Seller's Agent
Kristen Dreyer
REMAX/PREMIER REALTY
Buyer's Agent
Manuel Molinos
EXP REALTY SOUTH LLC
List Price
$439,900
Sold Price
$425,000
Premium/Discount to List
-$14,900
-3.39%
Views
47
Current Estimated Value
$424,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$649
Avg. Annual Appreciation
-0.20%
Original Mortgage
$425,000
Outstanding Balance
$424,280
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$342

Purchase Details

Closed on
Oct 27, 2015
Sold by
Godfrey W D and Bagwell Lois
Bought by
Foray Nyestment Group Llc

Purchase Details

Closed on
Oct 22, 2015
Sold by
Foray Investment Group Llc
Bought by
Breech Lawrence D
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Allen Horace $425,000 Florida First Title
Foray Nyestment Group Llc $5,000 1St Quality Title Llc
Breech Lawrence D $25,000 1St Quality Title Llc
Foray Nyestment Group Llc $5,000 1St Quality Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Horace $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $425,000 -3.4% $150 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/26/2024 12/26/24 For Sale $439,900 -- $155 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $3,833 $162,606 $0 $0
2022 $3,028 $147,824 $0 $0
2021 $3,172 $134,385 $30,492 $103,893
2020 $2,289 $126,480 $30,492 $95,988
2019 $2,096 $114,240 $30,600 $83,640
2018 $1,868 $102,765 $30,600 $72,165
2017 $1,825 $98,812 $30,600 $68,212
2016 $572 $30,600 $0 $0
2015 $1,408 $74,123 $0 $0
2014 $1,314 $74,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristen Dreyer

    Seller's Agent in 2025

    Kristen Dreyer

    RE/MAX

    (631) 560-8998

    10 in this area

    64 Total Sales

    Kristen Dreyer
    Section Image
  • Manuel Molinos

    Buyer's Agent in 2025

    Manuel Molinos

    EXP REALTY SOUTH LLC

    (352) 425-6088

    6 in this area

    92 Total Sales

    Manuel Molinos
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM691789

Stellar MLS

APN: 2826-027-000

Florida Marion County Ocala 34470 Northeast Ocala

327 NE 8th Ave, Ocala, FL

This home is located at 327 NE 8th Ave, Ocala, FL 34470 since 26 December 2024 and is currently estimated at $424,351, approximately $150 per square foot. This property was built in 2016. 327 NE 8th 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

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