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505, 525, 501,413 NE Sanchez Avenue Unit all units

Ocala, FL 34470

– beds
– baths
10,746 sqft
~1 acre lot
$273 per sqft
2002 build
– on site

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!

Listing courtesy of STELLAR_MLS / REMAX/PREMIER REALTY

Last checked: Checking… • Last updated May 25, 2025 •

MLS# OM701960 —

The Building

Year Built:

2002
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
Unit Number:

all units
# of Buildings:

6
Building Area Units:

Square Feet

Interior

Interior Features:

Window Treatments
Fireplace:

false

Room Dimensions

Living Area:

10746
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

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.
Latitude:

29.192051
Longitude:

-82.130909
Coordinates:

-82.130909, 29.192051

The Property

Parcel Number:

2826021001
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

City Lot
Lot Size Acres:

1.02
Lot Size Area:

1.0414
Lot Size SqFt:

45365
Lot Size Units:

Acres
Total Acres:

1 to less than 2
Zoning:

R3
View:

Park/Greenbelt
View:

true
Exterior Features:

Awning(s)
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street One Way
Flood Zone Code:

X
Additional Parcels:

true
Additional Parcels Description:

2826-021-002, 2826-017-001,2826-016-001
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

21
Tax Block:

21
Tax Legal Description:

SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 011 SMITH & DAUGHERTY ADD OCALA LOTS 20.21 & W 20 FT OF THAT PT OF NE 7TH TER LYING BETWEEN LOTS 21.22 & W 20 FT OF THAT PT OF NE 7TH TER LYING BETWEEN LOTS 19.20 & SUBJECT TO AN EASEMENT OVER THE E 5 FT OF N 25 FT OF W 1/2 OF ABROGATED NE 7TH TER LYING BETWEEN LOTS 21.22 & SUBJECT TO A RECIPROCAL EASEMENT OVER THE ABROGATED PT OF NE 7TH TER LYING BETWEEN LOTS 19.20 & EXC BEGIN AT THE NW COR OF LOT 1 BLK 21 TH N 87-59-48 E 100 FT TH S 00-00-23 W 75.05 FT TH S 87-59-48 W 100 FT TH N 00-23-00 E 75.05 FT TO THE POB
Tax Book Number:

E-011SMITH
Tax Annual Amount:

$2,277.28

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

SMITH & DAUGHERTY ADD
Senior Community:

false
Waterview:

Pond
Waterview:

true
Water Access:

false
Water Body Name:

TUSCAWILLA
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

No
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1
Open Parking:

true
Parking Features:

Curb Parking

Extra Units

# of Units Total:

16

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/24/25 May 24, 2025	Pending	STELLAR_MLS	$2,940,000
5/20/25 May 20, 2025	Listed / Active	STELLAR_MLS	$2,940,000

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505, 525, 501,413 NE Sanchez Avenue Unit all units

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This multifamily located in Northeast Ocala, Ocala, FL 34470 is currently pending sale for $2,940,000. 505, 525, 501,413 NE Sanchez Avenue Unit all units is a 10,746 square foot multifamily with – beds and – baths that has been on Estately for 28 days. 505, 525, 501,413 NE Sanchez Avenue Unit all units is in the Northeast Ocala neighborhood of Ocala and has a WalkScore® of 58, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and REMAX/PREMIER REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.