120 Sanchez AveOcala, FL 34470

Property Details for 120 Sanchez Ave

Year built

1918

Lot size

0.17 AC

Property size (Sq ft)

1,565 SF

Property type

Other mixed-use properties

Property subtype

Mixed-use properties

Description

This stunning 1,565 sq ft mixed-use property in Ocala's historic district offers a unique blend of historic charm and modern convenience. The main house, a beautifully renovated 2-bedroom, 2.5-bathroom home, features two master suites, updated electric and plumbing, a new roof, and preserved original hardwood floors. A covered front porch and a landscaped courtyard-style backyard with a covered side porch and patio provide ample space for relaxation and entertaining. A detached 1-bedroom, 1-bathroom cottage with its own kitchen, private entrance, parking, and yard offers significant rental potential, ideal for guests or generating additional income. Currently leased as a successful Airbnb through March, this property boasts a proven track record of consistent rental income. The main house also has potential for a separate full-term lease at $2,500 per month. Situated on a desirable 0.17-acre corner lot, this property offers convenient access to downtown Ocala's shops, restaurants, and amenities. This exceptional property presents a rare opportunity for both homeowners and investors seeking a profitable and historically significant investment. The property's versatility and proven rental history make it an attractive option for those seeking immediate income generation and long-term appreciation. The combination of a charming main house and a separate income-producing cottage provides a unique and lucrative investment opportunity in a prime Ocala location.

Location Insight

City

Ocala

County

Marion

State

Florida

Latitude

29.1883

Longitude

-82.1316

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