4 months on rocket

118 NE Tuscawilla Ave, Ocala, FL, 34470

$387,500

Home List Price

$4,602*

Closing Credit

2 Bedrooms
2 Full Baths
3,375 SqFt
$115/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

118 NE Tuscawilla Ave, Ocala$387,500

Buyer Closing Credits

$4,602*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1914
HeatingElectric, Heat Pump
CoolingCentral Air
MLS #OM682094
Lot Size0.17 Acres
StatusActive

About 118 NE Tuscawilla Ave

Right in the heart of the Tuscawilla Historic District and within a hop, skip, and jump to Tuscawilla Park and Downtown Ocala, you'll find this charming historic building in the midst of the Midtown Revitalization area. With lots of brand-new businesses and restaurants coming into this revitalization area, this is the perfect chance to renovate this building and bring your vision to reality. The FBC (Form Based Code) zoning of this property allows for Residential, Commercial, or Multi-Family which opens the door to tons of housing/business opportunities. A step inside the front door and you'll find the charm of years past, including the original natural wood, accessorized with engineered wood and ceramic tile floors throughout. On each side of the entry, you'll find a large office/room and 2 separate restrooms each with multiple stalls & a sink. Just past that, the floor plan opens to a huge main room with cathedral ceilings and a large stage. A staircase brings you up to the upper-level balcony and 2 extra rooms. Off the rear of the building, there is a deck area with handicap accessible ramp. This is truly a magnificent opportunity to join in on the revitalization in the area and bring another new business/housing opportunity to the area.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Living Area: 3,375 SqFt

Listing Office:

  • Office Name: RE/MAX ALLSTARS REALTY
  • Office Phone: (352) 484-0155
  • Listing Agent: Peggy Pittas

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Tile, Wood
  • Interior: Accessibility Features, Other, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Other, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 118 NE Tuscawilla Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Historic
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: HEAD EAST ON SILVER SPRINGS BLVD (HWY 40), L SE TUSCAWILLA TO PROPERTY ON L CORNER OF NE 2ND ST AND TUSCAWILLA AVE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $387,500
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $2,890
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Ocala, FL.

Map thumbnail provided by MapBox

Ocala, FL

City

Med. Sold Price

$282.8K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

436

118 NE Tuscawilla Ave vs Ocala

123 DAYS ON ROCKET

+58 Days

$387,500

+$104.6K More

$115/SqFt

-$59 Less

KEY TAKEAWAY

This property is $104.6K more than the Median Sold Price and $59/SqFt less than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM682094

Listing Office:

  • Office Name: RE/MAX ALLSTARS REALTY
  • Office Phone: (352) 484-0155
  • Listing Agent: Peggy Pittas

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 10:49:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2018Home Sold
$40,000
Feb 25, 1997Home Sold
$25,600

Tax History

YEARPROP. TAXASSESSMENT
2020$2,890$242,166
2018 - $168,036
2017 - $169,241

History based on county public records data.

Payment Calculator

$2,001

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,228

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-97245
8
/10

  • Eighth Street Elementary School

  • 513 SE 8th St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-97246
3
/10

  • Wyomina Park Elementary School

  • 511 NE 12th Ave

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-97247
9
/10

  • Madison Street Academy of Visual and Performing Arts

  • 401 NW Martin Luther King Jr Ave

  • 1.14 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,071. Typical income of Ocala, FL residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Ocala, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Ocala, FL?

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

Is Ocala, FL a good place to live?

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Are things conveniently located in Ocala, FL?

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

What does the transportation in Ocala, FL look like?

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

Frequently Asked Questions About 118 NE Tuscawilla Ave

What is the listing price of this property?

The listing price of 118 NE Tuscawilla Ave property is $387,500.

What type of property is this?

The property 118 NE Tuscawilla Ave is a house located in Ocala, Florida, 34470.

Is this property for sale now?

Active Listing: 118 NE Tuscawilla Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,890 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2018 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 NE Tuscawilla Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 118 NE Tuscawilla Ave is 3,375 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 NE Tuscawilla Ave is 1914.

Rocket Homes›Florida›Marion County›Ocala›34470›118 NE Tuscawilla Ave

This home is located at 118 NE Tuscawilla Ave in Ocala, FL and zip code 34470. This 3,375 square foot home, which was built in 1914, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $387,500.

In October 2024, from all listings sold in Ocala, FL there were more than 51 sold above asking price, over 241 sold below and more than 144 were sold right at the asked price. The inventory of homes for sale in Ocala, FL between September 2024 and October 2024 increased by 0.6%. In October 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $282,826.

From Rocket Homes Real Estate and based on county public records data.

More Resources