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Off market
  • $990,900

    725 E Silver Springs Blvd, Ocala, FL 34470

    --beds
    0baths
    8,261sqft
    Office
    Built in 1935
    -- sqft lot
    $990,900 Zestimate®
    $120/sqft
    $1,511 Estimated rent

    Home value

    $990,900

    $783,000 - $1.28M

    $1,511/mo

    Zestimate® history
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    $1,511/mo

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    Rent Zestimate®

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    $6,601/mo

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    $6,601/mo

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    What's special

    Income producing with 71 lighted parking spaces and prime location within low tax Federal Opportunity Zone! AADT: 37,900 with road frontage on Silver Springs Blvd and NE 8th AVE. Sale includes additional parcel: 2820-047-003 on .56 acres. Two parcels combined equal over one acre! Landmark building was formally the famed Peter Dinkel's restaurant, and has a recent history of office and retail use. Includes 14 office/retail units, multiple lounge, conference, and kitchen areas. Updated electric, plumbing, and HVAC. Building contains a fire sprinkler system throughout. Property is located within the Midtown District and East CRA with grant funding available for property improvements. Two parcels = two grant opportunities! Owner financing opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Central
    Features
    • Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 8,261 sqft

    Property

    Accessibility
    • Accessibility features: Customized Wheelchair Accessible
    Features
    • Levels: Two
    • Exterior features: Other
    Lot
    • Size: 0.48 Acres
    • Dimensions: 92.0 ft x 227.0 ft
    • Features: In City Limits, Street Paved
    Details
    • Zoning: B-2 Community Business

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Office
    Condition
    • Year built: 1935

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Lights
    • Subdivision: Caldwell Add
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $120/sqft
    • Annual tax amount: $6,625
    • Date available: 01/14/2019
    • Lease term: Month To Month

    Price history

    DateEventPrice
    2/25/2020Listing removed$525,000$64/sqft
    Source: IT'S ALL ABOUT YOU...REAL ESTA #OM548903 Report a problem
    2/11/2020Listed for sale$525,000$64/sqft
    Source: IT'S ALL ABOUT YOU...REAL ESTA #OM548903 Report a problem
    6/24/2016Listing removed$525,000$64/sqft
    Source: OcalaRealEstateSales.Com & OcalaCommercialRealEstateSales.com -Bill Rogers Realty #430465 Report a problem
    6/9/2016Listed for sale$525,000+118.8%$64/sqft
    Source: OcalaRealEstateSales.Com & OcalaCommercialRealEstateSales.com -Bill Rogers Realty #430465 Report a problem
    6/26/2015Sold$240,000-75.9%$29/sqft
    Source: Stellar MLS #OM396195 Report a problem
    1/27/2010Price change$995,000-23.2%$120/sqft
    Source: Prudential Real Estate #325659 Report a problem
    10/29/2009Listed for sale$1,295,000$157/sqft
    Source: Prudential Real Estate #325659 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 34470

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $990,900
    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
    $990,900