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120 NE SANCHEZ AVENUE

Commercial Recently Sold
$420,000

BTC: 5.16224189

ETH: 172.69736842

Sold on: 2025-02-15
6 days
0 room(s)
1,517 sqft

Overview

Nestled in the heart of Ocala’s historic district, this charming turn-of-the-century home seamlessly blends historic character with modern convenience. This 2-bedroom, 2.5-bathroom gem boasts two master suites and has been newly renovated, with updated electric and plumbing, a new roof, and beautifully preserved original hardwood floors. The inviting covered front porch sets the stage for timeless charm. Step outside to discover a stunningly landscaped courtyard-style backyard featuring a covered side porch and patio, perfect for outdoor relaxation or entertaining. Adding even more value, a detached cottage offers a 1-bedroom, 1-bathroom studio apartment with its own kitchen, private entrance, parking, and yard—ideal for guests, extended family, or generating rental income. This property offers the unique ability to rent out the main home 2 different ways and the cottage separately or together, maximizing rental potential. Currently leased through March as a successful Airbnb, it has a proven track record of consistent rental income. Additionally, the front of the main house has a potential full-term lease at $2,500 per month, providing steady revenue for investors or homeowners looking to maximize the property's earning potential immediately. Situated on a desirable corner lot next to downtown Ocala, you’ll enjoy convenient access to shops, grocery stores, pharmacies, and more. This amazing find is perfect for homeowners and investors alike. Don’t miss this rare chance to own a property that combines historic charm with modern profitability, call today to schedule your own private tour!

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1918
Lot:
0.17 Acres
Heating:
Natural Gas
Price/sqft:
$290
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$1,210
2024
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Natural Gas

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Refrigerator

  • Property

    • Levels: One

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 2820048010

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,210

  • Source details

    • MLS ID: OM693471

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Pillar/Post/Pier

    • Lot Features: Corner Lot / Historic District / City Lot / Landscaped / Sidewalk

    • Direction Faces: East

    • Other Structures: Other

    • Living Area: 1517

    • Water Source: Public

    • Subdivision Name: CALDWELLS ADD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SOUTHERN CHARM REALTY OF CF