Welcome to a unique opportunity in the heart of Ocala! This charming 1950s cracker-style architectural gem combines the best of both worlds: a comfortable and versatile residential space with the rare advantage of mixed-use zoning for office purposes. Here's your chance to own a piece of Ocala's history. This property boasts 3 bedrooms and 2 bathrooms, making it perfect for both residential and office use. Its rare residential office zoning designation sets it apart. The original 1950s cracker style architecture exudes character, and beautiful hardwood floors run throughout the property, adding a touch of timeless elegance. As you step onto the screened front porch, you'll notice the original terrazzo flooring, a nod to the property's rich history. The bathrooms retain their original 1950s tiles, preserving the unique charm of this era. Commercial upgrades are already in place, ensuring ADA compliance and modern functionality. Situated on an oversized corner lot, this property offers convenient access to downtown Ocala, just minutes away. You'll find a private parking lot with 6 parking spaces, one of which is handicap accessible. There's also a 2-car attached carport with a spacious driveway for added convenience. Inside, the property features a generously sized living room with a wood-burning fireplace, creating a warm and inviting atmosphere. The spacious bedrooms are easily convertible into offices, providing flexibility for various uses. The large dining room adds to the versatility of the space, making it ideal for a variety of needs, including a conference room. This property is a rare find, offering the unique opportunity to have a home that doubles as a commercial space. The mix of original 1950s aesthetics with modern upgrades and commercial compliance makes this property a remarkable and versatile investment. A brand new roof has been installed in 2024. Its central location, ample parking, and beautiful features are sure to make it a desirable space for a variety of uses. Don't miss your chance to own this exceptional piece of Ocala's history. Contact us today to schedule a viewing and explore the endless possibilities that this mixed-use gem has to offer.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $324,000 | $324,000 | $324,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $242 | $242 | $242 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,153 | $2,778 |
Total Monthly Payment | $2,500 | $2,470 | $3,095 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.