2310 Se 59th Street, Ocala, FL 34480
- $820,000
- 3,600
- SqFt
- List Price
- $820,000
- Status
- Active
- Days on Market
- 162
- Price Change
- ▼ $30,000 1780077051
- MLS#
- OM718977
- Property Style
- Mixed Use
- Year Built
- 1948
- Living Area
- 3,600
- Lot Size
- 59,242
- Acres
- 1.36
- Total Acreage
- 1 to less than 2
- MLS Area Major
- Ocala
Property Description
INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME AND UPSIDE POTENTIAL! Unique mixed-use property featuring a fully leased commercial building plus a separate residential home, creating multiple income streams and future value-add opportunities. The commercial building is occupied by a long-term tenant currently paying $3,100 per month, with tenant responsible for utilities and lawn maintenance. A separate residential home on site offers additional income potential estimated at approximately $2,000 per month. Current annual net operating income is approximately $25,000+, with projected NOI exceeding $50,000 annually when both buildings are income-producing. Located on highly visible SE 59th Street with B-5 zoning, this property offers flexibility for investors, owner-users, or 1031 exchange buyers seeking stable cash flow and future growth. Property includes established tenancy, ample parking, excellent accessibility, and strong exposure in one of Ocala’s growing commercial corridors. Financial information available upon request with signed confidentiality agreement.
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Additional Information
- Taxes Annual
- $1136
- Location
- Corner Lot, City Limits, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- B5
- Appliances
- Dishwasher, Dryer, Washer
- Utilities
- Electricity Available, Phone Available, Public
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Cement Siding
- Roof
- Shingle
- Foundation
- Block, Pillar/Post/Pier, Slab
- Pool
- No Pool
- Garage Features
- Parking Spaces - 1 to 5, Parking Spaces - 6 to 12, Parking Spaces - 13 to 18, Common, Curb Parking
- Flood Zone Code
- X
- Parcel ID
- 35980-000-00
- Legal Description
- SEC 04 TWP 16 RGE 22 COM 23.55 FT S & S 89-52 W 932.58 FT FROM THE E 1/4 SEC COR FOR THE POB TH S 26-39 E 174.86 FT TH N 63-21 E 180 FT TH N 26-39 W 85.02 FT TH S 89-52 W 201.19 FT TO THE POB EXC ROW FOR CR NO 4.5-S AS DESC IN OR 744-357 & OR 745-121 & COM AT THE NE COR SE 1/4 OF SEC 4 TH S 23.55 FT TH S 89-52-00 W 485.5 FT TO THE POB TH CONT S 89-52-00 W 245.86 FT TH S 26-39-00 E 112 FT TH N 89-52-00 E 245.86 FT TH N 26-39-00 W 112 FT TO HE POB & NLY 45 FT OF THE FOLLOWING DESC PROPERTY: COM ON THE S ROW LINE OF A 50 FT WIDE CR SAID PT BEING 23.55 FT S OF AND S 89-52-00 W 932.58 FT FROM THE 1/4 COR ON THE E BNDY OF SEC 4 TH S 26-39-00 E 174.86 FT FOR THE POB TH N 63-21-00 E 180 FT TH S 25-39-00 E 151.96 FT TH S 63-21-00 W 180 FT TH N
Listing courtesy of STELLAR REAL ESTATE AGENCY LLC. 352-585-1562
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