PRIME LAND***ATTENTION ALL DEVELOPERS, INVESTORS, PROJECT MANAGERS, PRODUCERS, INSTITUTIONS AND THE LIKE, FEAST YOUR EYES ON THIS!!!**Check out this 4.44 acre lot right in the center of Ocala's business district. The location of this lot would serve and complete the business portion of this area. This lot is currently surrounded by a new construction, to-be-built, multifamily housing community directly across the street. Next door you would find one of the largest furniture manufacturers in Florida, and just 5 minutes away is the newly constructed UF Health Ocala Hospital! The potential and ideas this lot has is endless, so send all highest and best offers before it's too late!!!
Property Details
Property Features
Listing Office:
Office Name: TROPIC SHORES REALTY LLC
Office Phone: (352) 684-7371
Listing Agent: Justin Faison
Lot Features
Lot Information:
Lot Size: 4.44 Acres
Other
Directions Information:
Directions: Turn left on to NW Old Blitchton Rd, then 1.2 miles left onto NW 27th Ave , 0.3 miles turn right , then turn left in 200ft and destination is last intersection.
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Tax Information:
Annual Amount: $18
Tax Year: 2020
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.
This property is $1.2M more than the Median Sold Price in Ocala, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #W7867674
Listing Office:
Office Name: TROPIC SHORES REALTY LLC
Office Phone: (352) 684-7371
Listing Agent: Justin Faison
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.
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: 11/21/2024, 8:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$18
$977
2018
$16
$932
2017
$1,205
$64,794
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Madison Street Academy of Visual and Performing Arts
401 NW Martin Luther King Jr Ave
Distance between this listing and this school1.25 miles
Public Magnet Grades PK-5
8
/10
Dr. N.H. Jones Elementary School
1900 SW 5th St
Distance between this listing and this school1.53 miles
Public Magnet Grades PK-5
4
/10
College Park Elementary School
1330 SW 33rd Ave
Distance between this listing and this school2.06 miles
Public District Grades PK-5
Nearby Schools
3
/10
Howard Middle School
1655 NW 10th St
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
5
/10
Osceola Middle School
526 SE Tuscawilla Ave
Distance between this listing and this school2.48 miles
Public District Grades 6-8
3
/10
Fort King Middle School
545 NE 17th Ave
Distance between this listing and this school3.23 miles
Public District Grades 6-8
Nearby Schools
2
/10
McSo Adults
700 NW 30th Ave
Distance between this listing and this school0.76 miles
Public District Grades 8-12
3
/10
Vanguard High School
7 NW 28th St
Distance between this listing and this school2.09 miles
Public Magnet Grades 9-12
1
/10
Marion Technical Institute
1614 E Fort King St
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $38,456. Most Ocala, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most 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 1521 NW 27th Ave
What is the listing price of this property?
The listing price of 1521 NW 27th Ave property is $1,500,000.
What type of property is this?
The property 1521 NW 27th Ave is land located in Ocala, Florida, 34475.
Is this property for sale now?
Active Listing: 1521 NW 27th 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 $18 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1521 NW 27th Ave in Ocala, FL and zip code 34475. This home sits on a 4.44 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,500,000.
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 number of homes for sale in Ocala, FL increased by 0.6% between September 2024 and October 2024. In October 2024 median list price was $282,826 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Figure Skating
Figure Skating
Extreme Sports
Pro Wrestling
Kmart
Academy Sports & Outdoors
Wal-Mart
Bob Evans
Little Caesars
Sonic
Buick
Chevrolet
Oldsmobile
Oldies
Country