NOT LISTED FOR SALE

424 SW 11th St Ocala, FL 34471

Downtown Ocala Neighborhood

Estimated Value: $261,891

0.54 Acre
$484,983 Price per Acre
23,522 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $90,000 $60 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,509/month

101 Days on Market

Highlights

  • 0.54 Acre Lot
  • Forest High School Rated A-
  • Corner Lot

About This Lot

As of November 2023

Great investor/builder property within city limits of Ocala. Close to Pine Ave 301/441 across the street from Advent Medical Center and Ocala Regional Hospital. Seller states due to previous building demo, water and sewer credits are available with City Utilities Dept.
B1A ZONING: The limited neighborhood business (B-1A) district is intended for neighborhood convenience goods and services involving basic, regular household purchases. In order to keep building scale and intensity compatible with surrounding residential development, there is a maximum allowable square footage, and an architectural review is necessary for more intense uses. Multifamily development in the B-1A district shall be no greater than ten dwelling units per gross acre.
Sec. 122-603. - Permitted principal uses. ***Seller financing is available***
The following uses are permitted in the B-1A district, with a maximum of 6,000 square feet.
(1)Residential uses:a.Residential operation:1.Community residential home (maximum of 12 unrelated residents per single-family residential dwelling).2.Residence—Gallery.3.Residence—Office.b.Residential type:1.Single-family dwelling unit.2.Two-family dwelling unit.(2)Retail uses:a.General Retail:1.Bakery store.2.Hardware store.3.Home decorating store.4.Specialty retail stores.5.Videotape store.

Last Agent to Sell the Property

Tommy Adair

ROBERTS REAL ESTATE INC Brokerage Phone: 352-351-0011 License #492400 Listed on: 03/10/2023

ROBERTS REAL ESTATE INC

Last Buyer's Agent

Tommy Adair

ROBERTS REAL ESTATE INC Brokerage Phone: 352-351-0011 License #492400 Listed on: 03/10/2023

ROBERTS REAL ESTATE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $985

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 175x135
  • North Facing Home
  • Corner Lot
  • Property is zoned B1A

Schools

  • Eighth Street Elem. Elementary School
  • Osceola Middle School
  • Vanguard High School

Community Details

  • Meadowview Add 03 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Assessor Parcel Number 28575-002-01

Property Details

Property Type

Land

Est. Annual Taxes

$985

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.54
  • Lot Size Sq Ft: 23522
  • Directions to Property: From US 301/441 (Pine Ave) and SR 40 head south, then west on SW 11th St. Property is on the NE corner of SW 5th Ave and SW 11th St. behind I-HOP Restaurant
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Ocala,
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE Maricamp Rd
  • Escrow Street Number: 2701
  • List Office Head Office Key Nume: 1044872
  • RATIO Current Price By Calculate: 3.83
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 424

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 166667

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Eighth Street Elem. School
  • High School: Vanguard High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: B1A
  • Parcel Number: 28575-002-01
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Corner Lot
  • Lot Dimensions: 175X135
  • Flood Zone Code: X
  • Lot Size Square Meters: 2185

Tax Info

  • Tax Annual Amount: 984.93
  • Tax Block: B
  • Tax Book Number: C-015
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Vasquez Homes Llc
Bought by
Ambra Development Llc
Current Estimated Value
$261,891

Purchase Details

Listed on
Mar 10, 2023
Closed on
Nov 15, 2023
Sold by
Challa Hanimi
Bought by
Vasquez Homes Llc
Seller's Agent
Tommy Adair
ROBERTS REAL ESTATE INC
Buyer's Agent
Tommy Adair
ROBERTS REAL ESTATE INC
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.43%

Purchase Details

Closed on
Jul 25, 2016
Sold by
Cameron Ruby Laverne
Bought by
Challa Haninmi

Purchase Details

Closed on
Jun 25, 2012
Sold by
Potts Irwin
Bought by
Potts Vera
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ambra Development Llc $260,000 Peak Title
Ambra Development Llc $260,000 Peak Title
Vasquez Homes Llc $90,000 Amz Title
Vasquez Homes Llc $90,000 Amz Title
Challa Haninmi $45,000 None Available
Potts Vera -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $90,000 -14.3% $60 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $105,000 -4.5% $70 / Sq Ft
05/05/2023 05/05/23 For Sale $110,000 0.0% $73 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $110,000 -- $73 / 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
2024 $1,489 $82,327 $82,327 --
2023 $1,489 $56,923 $0 $0
2022 $985 $51,748 $0 $0
2021 $883 $47,044 $47,044 $0
2020 $860 $47,044 $47,044 $0
2019 $882 $47,759 $47,044 $715
2018 $868 $47,754 $47,044 $710
2017 $882 $47,757 $47,044 $713
2016 $1,169 $62,534 $0 $0
2015 $1,676 $88,238 $0 $0
2014 $1,533 $86,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Adair

    Seller's Agent in 2023

    Tommy Adair

    ROBERTS REAL ESTATE INC

    (352) 843-4148

    2 in this area

    27 Total Sales

    Tommy Adair
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Map

Source: Stellar MLS

MLS Number: OM654499

Stellar MLS

APN: 28575-002-01

Florida Marion County Ocala 34471 Downtown Ocala

424 SW 11th St, Ocala, FL

This home is located at 424 SW 11th St, Ocala, FL 34471 since 10 March 2023 and is currently estimated at $261,891, approximately $174 per square foot. 424 SW 11th St is a home located in Marion County with nearby schools including Shady Hill Elementary School, Osceola Middle School, and Forest 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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