530 1ST AVENUE
OCALA, FL 34475
About this home
This property is a large industrial warehouse office with a fenced yard, located on 2.45 acres in downtown Ocala. It was formerly a lumber yard and offers various possibilities for redevelopment. However, it's important to note that any redevelopment plans would require rezoning of the property. The site holds potential for different uses, such as office space, multi-family housing, or apartment development. Rezoning would be necessary to accommodate these new purposes. Depending on the location and other factors, the property may also qualify for opportunity zone benefits and City of Ocala Credits, which can provide certain incentives for investment and development. In addition to the potential for redevelopment, the property is also available for lease immediately, with a monthly rent of $5,500.
Facts & features
Interior
- Living area
- 12,737 sqft
- Cooling
- Central Air
- Stories
- 1
Exterior & lot
- Lot size
- 106,722 sqft (2.45 ac)
- Roof
- Metal
- Construction
- Block, Concrete, Metal Siding
Financial
- Annual tax
- $7,082 (2020)
- Price / sqft
- $228/sqft
Utilities
- Sewer
- Public Sewer
Property
- Property type
- Single Family
- Year built
- 1955
- Subdivision
- DUNNS CENTRAL ADD
- County
- Marion
Listing
- Status
- Active
- Days on market
- 1888 days
- MLS #
- MFR551924360
- Source
- Stellar MLS
Listed by Lance Schenker · BILL RODGERS REALTY
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 19 comparable sales within 4 miles of OCALA, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $14,664/mo
- Property tax
- $590/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Apr 17, 2021 | Listed | $2,900,000 | — |
NeighbourhoodSample data
Reference scores for OCALA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.