$2,900,000
SOLD JUN 27, 2025

505, 525, 501,413 NE Sanchez Ave Unit all units Ocala, FL 34470

Downtown Ocala Neighborhood
-- Bed
-- Bath
10,746 Sq Ft
1.02 Acres

Recently Sold

$270 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Pond View
  • 1.02 Acre Lot
  • No HOA
  • Vanguard High School Rated A-
  • Property is near public transit
  • 4-minute walk to Tuscawilla Park

About This Home

As of June 2025

Rare opportunity! Being offered for the first time, take note of this once in a lifetime opportunity to own a multifamily property with frontage along Ocala's Tuscawilla Park. Featuring a grouping of 4 parcels, each with a residential component, the location and future opportunity speak for itself. Located in an area of focused redevelopment, there is limited opportunity to own private property alongside Tuscawilla Park. Close to public transportation and walkable to both midtown and downtown, restaurants and shopping. Your residents can walk through Tuscawilla Park, enjoy a show at the Reilly Arts Center or the numerous art galleries, play tennis at the city courts across the street, enjoy the playground, enjoy a meal at Midtown Station that is steps away - the opportunities are endless! All City of Ocala residents have a free membership at the award winning Mary Sue Rich Community Center. Buy this property and live in the main house while you rent out the rest or keep it all an income producing property. All units are individually metered and are on City of Ocala utilities for electric, water, sewer and trash. A detailed list of each property with size, age and updates is available. These contiguous properties are being sold as a package and have been well maintained by the original owner. Get in on a piece of history and future redevelopment now!

Last Agent to Sell the Property

Kristen Dreyer

REMAX/PREMIER REALTY Brokerage Phone: 352-732-3222 License #3321579 Listed on: 05/20/2025

REMAX/PREMIER REALTY

Last Buyer's Agent

Kristen Dreyer

REMAX/PREMIER REALTY Brokerage Phone: 352-732-3222 License #3321579 Listed on: 05/20/2025

REMAX/PREMIER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 2002

Lot Details

  • 1.02 Acre Lot
  • One Way Street
  • Fenced
  • Additional Parcels

Property Views

  • Pond
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 10,746 Sq Ft Home
  • Awning
  • Window Treatments
  • French Doors

Parking

  • 1 Carport Space
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Courtyard

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 21 / 21
  • Assessor Parcel Number 2826-021-001

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 16 Units
  • Smith & Daugherty Add Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,277

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 10746
  • Lot Size Acres: 1.02
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 45365
  • Number Of Lots: 4
  • Directions to Property: From Downtown Ocala take SR 40 East towards NE 8th Avenue and go left. Take to NE 9th Street and go left, immediate left onto Sanchez Avenue (road goes through the Reilly Arts Center Property). Once you pass the ball fields and the VFW the property will be on the left.
  • 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: 269.87
  • Total Acreage: 1 to less than 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
  • Interior Amenities: Window Treatments
  • Foundation Details: Slab
  • Spa Yn: No
  • Street Number Modifier: 505, 525, 501,413
  • Living Area Meters: 998.34

Exterior Features

  • Exterior Features: Awning(s), Balcony, Courtyard, Fence, French Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt
  • Water Body Name: TUSCAWILLA
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Curb Parking, Driveway, Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R3
  • Parcel Number: 2826-021-001
  • Additional Parcels Description: 2826-021-002, 2826-017-001,2826-016-001
  • Additional Parcels: Yes
  • Lot Features: City Limits, Near Public Transit, Street One Way, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 4215

Rental Info

  • Pets Allowed: No
  • Terms Of Lease: Other

Multi Family

  • Number Of Units Total: 16
  • Total Num Buildings: 6
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 2277.28
  • Tax Block: 21
  • Tax Book Number: E-011SMITH
  • Tax Lot: 21

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $2,900,000 -1.4% $270 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $2,940,000 -- $274 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristen Dreyer

    Seller's Agent in 2025

    Kristen Dreyer

    RE/MAX

    (631) 560-8998

    1 in this area

    65 Total Sales

    Kristen Dreyer
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM701960

Stellar MLS

Florida Marion County Ocala 34470 Downtown Ocala

505, 525, 501,413 NE Sanchez Ave Unit all units, Ocala, FL

This home is located at 505, 525, 501,413 NE Sanchez Ave Unit all units, Ocala, FL 34470 and is currently priced at $2,900,000, approximately $269 per square foot. This property was built in 2002. 505, 525, 501,413 NE Sanchez Ave Unit all units 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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