Listing Details for MLS # TB8401607
1801-1803 Ne 14th Avenue, Ocala, Fl 34470

Residential Property - Single Family Residence in Ocala

Listing Price: $249,000Days on Market: 120

Description of Property

******* Unique Income Property with Commercial Potential in Ocala! ***** 1801–1803 NE 14th Ave presents a rare opportunity to own a dual-structure property offering both immediate rental income and future upside potential — all on one parcel, 1.33 acres and in a prime Ocala location. 1801 NE 14th Ave Charming 2-bedroom, 1-bath single-family home currently rented for $1,400/month to a reliable tenant with lease. Features include a spacious 729 Sq. Ft. of living area, functional kitchen, and a detached 1 car garage — perfect for storage or additional value-added use. 1803 NE 14th Ave: Behind the house and garage is a separate 1,540 S.F. structure, housing a large workshop, previously used for commercial/industrial purposes. This building offers significant square footage and flexible space, making it ideal for a contractor, mechanic, artist studio, or conversion to additional rental space. The back working structure does require renovations, but the potential for sweat equity or future cash flow is strong. Corner lot, on an acre plus (57,935sf) with ample parking and easy access for residential or commercial use. Zoned Residential and Commercial Manufacturing. At the end of a very quiet street, backing up to a railroad. The acreage is positioned in an area with consistent rental demand, located just minutes from downtown Ocala, schools, and major highways. Future Potential: Add value by doing a lot-split or renovating the workshop for commercial use, or storage, or rental, or add a structure for additional residential income (verify with zoning). Whether you're an investor looking for a mixed-use income property or an owner-occupant with a vision that needs plenty of room, this property is an opportunity you won’t want to miss.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $175,750. This single family residence is listed at about 142% of the average asking price. This is the only 2 bedroom/1 bath single family residence between $200,000 and $300,000 currently listed for sale in this Zip code.