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Sold for $2,900,000
  • $2,900,000

    505, 525, 501,413 NE SANCHEZ AVENUE all units, OCALA, FL 34470

    --beds
    0baths
    10,746sqft
    Multi Family
    Built in 2002
    -- sqft lot
    $2,840,600 Zestimate®
    $270/sqft
    $1,389 Estimated rent

    Home value

    $2,840,600

    $2.53M - $3.18M

    $1,389/mo

    Zestimate® history
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    $1,389/mo

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    $1,389/mo

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    $19,376/mo

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    $19,376/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen Dreyer 631-560-8998,

    RE/MAX PREMIER REALTY 352-732-3222

    Bought with:

    Kristen Dreyer, 3321579

    RE/MAX PREMIER REALTY

    Source: Stellar MLS,MLS#: OM701960MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Other
    Features
    • Doors: French Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total interior livable area: 10,746 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Curb Parking, Driveway, Off Street, On Street
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Awning(s), Balcony, Courtyard
    • Fencing: Fenced
    • Has view: Yes
    • View description: Park/Greenbelt, Pond
    • Has water view: Yes
    • Water view: Pond
    • Body of water: TUSCAWILLA
    Lot
    • Size: 1.04 Acres
    • Features: City Lot, Near Public Transit, Street One Way
    Details
    • Additional parcels included: 2826-021-002, 2826-017-001,2826-016-001
    • Parcel number: 2826021001
    • Zoning: R3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SMITH & DAUGHERTY ADD
    HOA
    • Has HOA: No
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $270/sqft
    • Annual tax amount: $2,277
    • Date on market: 5/20/2025
    • Cumulative days on market: 4 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/27/2025Sold$2,900,000-1.4%$270/sqft
    Source: Stellar MLS #OM701960 Report a problem
    5/25/2025Pending sale$2,940,000$274/sqft
    Source: Stellar MLS #OM701960 Report a problem
    5/20/2025Listed for sale$2,940,000$274/sqft
    Source: Stellar MLS #OM701960 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34470

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,840,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,840,600