2221 PINE AVENUE
OCALA, FL 34471
About this home
If you're looking for an income-producing property with a blend of office and residential rental units, this is an exceptional opportunity. Located on South Pine Avenue in the heart of Ocala, this three-parcel property offers strong cash flow with 100% occupied units. The property includes three buildings situated across three lots, featuring a diverse mix of long-term tenants. Its prime location along U.S. Highway 441 provides outstanding visibility and exposure, making it an attractive investment for both current and future tenants. Whether you're expanding your investment portfolio or seeking a well-established, fully leased commercial/residential property, this unique offering is ready for your consideration.
Facts & features
Interior
- Bedrooms
- 0
- Living area
- 5,072 sqft
- Heating
- Central
- Cooling
- Central Air
- Features
- Thermostat
Exterior & lot
- Lot size
- 18,295 sqft (0.42 ac)
- Roof
- Shingle
- Construction
- Block
- Exterior
- Storage
Financial
- Annual tax
- $2,858 (2025)
- Price / sqft
- $275/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Property
- Property type
- Multi-Family
- Year built
- 1985
- Subdivision
- RIGGS
- County
- Marion
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR801293289
- Source
- Stellar MLS
Listed by Sharon Will · PEGASUS REALTY & ASSOC INC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 28 comparable sales within 3 miles of OCALA, FL. priced under 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
- $7,425/mo
- Property tax
- $1,046/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price historySample data
Reference timeline for $1,395,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-08 | Listing updated | $1,395,000 | — |
| 2026-06 | Price changed | $1,395,000 | −$69,750 |
| 2026-05 | Listed | $1,464,750 | — |
NeighbourhoodSample data
Reference scores for OCALA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 2221 PINE AVENUE, OCALA cost per month?
About $7,990 a month: $7,054 principal and interest, $238 property tax, $698 insurance. That assumes 20% down at 6.5% over 30 years.
Is 2221 PINE AVENUE, OCALA priced fairly?
Comparable sales nearby put it between $820,751 and $944,305, with $882,528 in the middle. That is from 5 properties of the same type and size within three miles, at a median of $174 a square foot.
How does 2221 PINE AVENUE, OCALA compare to nearby homes?
5 comparable properties within three miles. The nearest: 3990 17TH COURT, OCALA, FL at $499,000, 3,233 sq ft, 1.78 miles away; 1820 40TH STREET ROAD, OCALA, FL at $564,000, 3,233 sq ft, 1.87 miles away; 2000 40TH STREET ROAD, OCALA, FL at $564,000, 3,233 sq ft, 2.03 miles away.
How long has 2221 PINE AVENUE, OCALA been on the market?
It came on the market today.
Has the price of 2221 PINE AVENUE, OCALA changed?
The price has not moved since it was listed.
How big is 2221 PINE AVENUE, OCALA?
0 bed, null bath, 5,072 square feet. That is $275 a square foot.
What year was 2221 PINE AVENUE, OCALA built?
Built in 1985.
What is the HOA fee at 2221 PINE AVENUE, OCALA?
The feed lists no association fee for this property.
What are the property taxes at 2221 PINE AVENUE, OCALA?
Property tax works out to about $238 a month, $2,858 a year.
Is 2221 PINE AVENUE, OCALA still available?
It is still on the market.
Similar homes nearby
Homes for sale in OCALA within the same price band.
