1535 North Magnolia Avenue

Ocala, FL 34475

$425,000
Price
Beds
5,148 Sq. Ft.
$83 / Sq. Ft.
5,148
Sq. Ft.
$83
per Sq. Ft.

Description

Excellent investment opportunity! Corner lot and Zoned B4, this flexible space located right on the popular N Magnolia Avenue is perfect as an addition to your portfolio or for the business owner who is looking to build equity. Currently being used as an automotive repair business and storage. This property can be used as a single business or divided into two, there are 2 addresses registered to this building and two separate electric meters already in place. There are multiple office spaces, 3 bay...Excellent investment opportunity! Corner lot and Zoned B4, this flexible space located right on the popular N Magnolia Avenue is perfect as an addition to your portfolio or for the business owner who is looking to build equity. Currently being used as an automotive repair business and storage. This property can be used as a single business or divided into two, there are 2 addresses registered to this building and two separate electric meters already in place. There are multiple office spaces, 3 bay doors (2 accessed from N Magnolia Ave entrance and 1 accessed from Ne 16th Street), 2 bathrooms on site, and a centrally air-conditioned space in the front of the building. "Living area/heated area" on listing only used to represent usable space indoors. Only a portion of the building has air conditioning/heat. Take advantage of this opportunity while it lasts!

Property Details for 1535 North Magnolia Avenue

Subdivision Name
LILLIAN UNDERWOOD UN #1
Township
15S
Waterfront
No

Location

Listing Courtesy of GOLD STREET REALTY
Add your commute
LISTING UPDATED: 03/06/2024 02:16 PM

Property Details for 1535 North Magnolia Avenue

StatusActive
MLS #OM673151
Days on Market91
Taxes$3,436 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1945
Lot Size0.38 AC / 16,553 SF
CountyMarion County

Location

Listing Courtesy of GOLD STREET REALTY
Add your commute

Building Information for 1535 North Magnolia Avenue

Stories1Residences2Year Built1945Lot Size0.38 AC / 16,553 SF

Payment Calculator

$2,606 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1535 North Magnolia Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 6028.0
  • Building Area Units: Square Feet
  • Direction Faces: West
  • Directions: Traveling N on Hwy 441, turn right on to Nw 10th Street/492, Take a left on to N Magnolia Ave, Property is down on the right.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: Business District, City Street
  • Unit Number: No
  • Street Number: 1535
  • Street Direction Prefix: N
  • Street Name: MAGNOLIA
  • Street Suffix: AVENUE
  • State: FL
  • City: OCALA
Taxes and HOA Information
  • Management: Owner Manager
  • Tax Block: 0
  • Tax Book Number: 002-104LILLIAN
  • Tax Legal Description: SEC 08 TWP 15 RGE 22 PLAT BOOK 002 PAGE 104 LILLIAN UNDERWOOD UNIT NO 1 LOT 1 EXC COM AT THE SW COR OF NW 1/4 OF SEC 8 TH N 00-16-20 E 595 FT TH S 89-40-53 E 40 FT TH N 00-16-20 E 133.92 FT TO THE POB TH CONT N 00-16-20 E 25 FT TH S 89-50-59 E 25 FT TH S 45-12-40 W 35.39 FT TO THE POB
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Parcel Number: 26158-001-00
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: B4
  • Living Area: 5148
Property and Assessments
  • Year Built Numeric: 1945
  • Flood Zone Code: X
  • New Construction: No
  • Numof Restrooms: 2
  • Public Survey Range: 22E
  • Public Survey Section: 08
Utilities
  • Sewer: Public Sewer
  • Utilities: Public, Water Connected
  • Water Source: Public
  • Num Electric Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Foundation Details: Slab
  • Levels: One
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Cooling: A/C - Office Only
  • Flooring: Concrete
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No

Property History for 1535 North Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1535 North Magnolia Avenue

Taxable ValueLand$25,042Additions$121,248Total$146,290
Tax Record2023$3,436 ($286 / month)
Home Facts
Baths1.5Total Finished SqFt5,148 SqFtAbove Grade Finished SqFt5,148 SqFtStories1Lot Size16,553 SqFtStyleMiscellaneous CommercialYear Built1945Year Renovated1987ZoningB4CountyMARIONAPN26158-001-00

Schools near 1535 North Magnolia Avenue

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Wyomina Park Elementary School
PublicPK to 5

Fort King Middle School
Public6 to 8

Vanguard High School
Public9 to 12

Pace Center For Girls, Inc.
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1535 North Magnolia Avenue is a mixed use property for sale in Ocala, FL 34475. This property was listed for sale on February 18, 2024 by GOLD STREET REALTY, it's currently listed at $425,000. It has been on the market for a total of 91 days and was last sold on July 2, 2020. This listing's school district is Marion. Nearby schools include Wyomina Park Elementary School, Fort King Middle School and Vanguard High School. 1535 North Magnolia Avenue is a 0-bed, 0-bath, 5,148 sqft mixed use property built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GOLD STREET REALTY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.