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Real Estate
1535 N MAGNOLIA AVE
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$460,000

1535 N MAGNOLIA AVE
OCALA, FL 34475
Listed by Carlos Ruiz · HOMERUN REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
5,148 sqft
Year built
1945

About this home

Great commercial building in the business district near downtown Ocala right on Magnolia Ave. The property can be used for one business or use one side and lease the other for additional income. Building has two separate address with two electric meters. One side is currently being used as a auto repair shop. Partial of building has air conditioning. The square footage in the listing is under roof for notification purposes only. Building has a kitchen and two bathrooms. There are three bay doors. Easy to show. Call today!!

Property details

MLS #
MFROM694914
Property type
Mixed Use
Subdivision
LILLIAN UNDERWOOD UN #1
Status
Active
Days on market
N/A
On market date
February 11, 2025
Stories
N/A
Garage spaces
N/A
Lot size
0.38 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
WYOMINA PARK ELEMENTARY SCHOOL
1.09 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
617
Student:teacher ratio
17.6:1
District
MARION
Middle
HOWARD MIDDLE SCHOOL
1.12 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,019
Student:teacher ratio
19.2:1
District
MARION
High
PACE CENTER FOR GIRLS INC.
0.86 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
42
Student:teacher ratio
14.0:1
District
MARION

Mortgage calculator

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Est. monthly payment
$2,920/mo
$92,000 down
$368,000 loan
Principal & interest$2,387
Property tax (est.)$383
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 12, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.