$387,500
For Sale

118 NE TUSCAWILLA AVENUE

ocala, FL 34470
3375 sqft | 2 beds | 2 baths | 0.17 acres | #OM682094
Browse 48 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Right in the heart of the Tuscawilla Historic District and within a hop, skip, and jump to Tuscawilla Park and Downtown Ocala, you'll find this charming historic building in the midst of the Midtown Revitalization area. With lots of brand-new businesses and restaurants coming into this revitalization area, this is the perfect chance to renovate this building and bring your vision to reality. The FBC (Form Based Code) zoning of this property allows for Residential, Commercial, or Multi-Family which opens the door to tons of housing/business opportunities. A step inside the front door and you'll find the charm of years past, including the original natural wood, accessorized with engineered wood and ceramic tile floors throughout. On each side of the entry, you'll find a large office/room and 2 separate restrooms each with multiple stalls & a sink. Just past that, the floor plan opens to a huge main room with cathedral ceilings and a large stage. A staircase brings you up to the upper-level balcony and 2 extra rooms. Off the rear of the building, there is a deck area with handicap accessible ramp. This is truly a magnificent opportunity to join in on the revitalization in the area and bring another new business/housing opportunity to the area. You may apply for a Grant through the City of Ocala - Downtown Community Redevelopment Agency (CRA).

  • Property Details
      • Utility FeaturesOther, Public, Sewer Connected, Street Lights, Water Connected
      • InteriorAccessibility Features, Other, Vaulted Ceiling(s)
      • Elementary SchoolWyomina Park Elementary School
      • Exterior MaterialsLighting, Other, Sidewalk
      • SubdivisionREARDON MIDDLE TOWN LTS
      • Middle SchoolFort King Middle School
      • Property SubtypeSingle Family Residence
      • High SchoolVanguard High School
      • Lot DescriptionHistoric District
      • Sewer InformationPublic Sewer
      • FoundationCrawlspace
      • Property TypePurchase
      • Original List Price$430,000
      • MLS #OM682094
      • MLS #OM682094
      • Utility SourcePublic
      • CountyMarion
      • Taxes Annual$4,772
      • Cost387500
      • Acres0.17
      • Square Feet3375
      • Year Built1914
      • Days on Market (Cumulative)159
      • Bedrooms2
      • Bathrooms2
      • Full Baths2

Location

Trey Andrews | Realty Pros AssuredReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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