2310 SE 59TH ST Ocala, FL 34480
3,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $227
MLS Listing ID OM718977
Construction Status Completed
HOA Y/N No
Year Built 1948
Annual Tax Amount $1,136
Lot Size 1.360 Acres
Acres 1.36
Lot Dimensions Irregular
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Unique mixed-use property featuring a fully leased commercial building plus a separate residential home, creating multiple income streams and future value-add opportunities. The commercial building is occupied by a long-term tenant currently paying $3,100 per month, with tenant responsible for utilities and lawn maintenance. A separate residential home on site offers additional income potential estimated at approximately $2,000 per month.
Current annual net operating income is approximately $25,000+, with projected NOI exceeding $50,000 annually when both buildings are income-producing. Located on highly visible SE 59th Street with B-5 zoning, this property offers flexibility for investors, owner-users, or 1031 exchange buyers seeking stable cash flow and future growth.
Property includes established tenancy, ample parking, excellent accessibility, and strong exposure in one of Ocala's growing commercial corridors. Financial information available upon request with signed confidentiality agreement.
Location
State FL
County Marion
Area 34480 - Ocala
Zoning B5
Interior
Cooling Central Air
Appliance Dishwasher, Dryer, Washer
Exterior
Parking Features Parking Spaces - 1 to 5, Parking Spaces - 6 to 12, Parking Spaces - 13 to 18, Common, Curb Parking
Utilities Available Electricity Available, Phone Available, Public
Roof Type Shingle
Exposure North
Building
Lot Description Corner Lot, City Limits, Paved
Story 1
Entry Level One
Foundation Block, Pillar/Post/Pier, Slab
Lot Size Range 1 to less than 2
Water Public
Structure Type Block,Cement Siding
New Construction false
Construction Status Completed
Others
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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