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Ocala 34475
2050 NW 2nd STREET
$7,500
● Land - Off Market

2050 NW 2nd STREET

OCALA, FL 34475
bedrooms
Studio
bathrooms
0 Bath
$50
Est. Monthly

About This Property

BUILDING LOT, NEAR DOWNTOWN OCALA, w/In City Limits.  Public Water and Sewer available and a few nice trees you can work with.  Low Taxes, near major roads, NO HOA, Zoned for Site Built Homes Only, and NO MOBILE HOMES.   Buy this land as an investment or to put your new home on it and start building today.  https://www.pa.marion.fl.us/patviewer/?PARCEL= 2260-148-023. GPS Coordinates: 29.188131, -82.159913
Unit Size
-
Days on Market
239 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$5
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM667266)

Price History

Date / Event Date Event Price
Jun 26, 2024 Sold
Premium
Sold
Oct 31, 2023 Listed by REDI REAL ESTATE, LLC $8,900
Listed by REDI REAL ESTATE, LLC
Jun 29, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WEST END OCALA
  • Land Acres: 0000000090
  • Standard Land Use Code: 8001
  • County Land Use Code: 0001
  • State Land Use Code: 00
  • Legal Description 1: SEC 13 TWP 15 RGE 21 PLAT BOOK A PAGE 053 WEST END OCALA BLK 148 LOT 23

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 162
  • Parcel: 2260-148-023
  • Block: 148
  • Lot: 23
  • Meridian: SEC 13 TWN 15S RNG 21E
  • Municipality: OCALA
  • Latitude: 29.1881
  • Longitude: -82.1599

    Address

  • Full Address: 2050 Nw 2nd St
  • Address - House Number: 2050
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: C021
  • 4-Digit Zip Code: 6301
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,966
  • Tax Rate Code Area: 1001

    Market Valuation

  • Market Total Value: $3,400
  • Market Land Value: $3,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,992

    Sales

  • Current Sale Contract Date: Jun 27, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018063112
  • Previous Sale Recording Date: Jan 23, 2009
  • Previous Sale Contract Date: Jan 23, 2009
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocala

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1979 ft²

Average Home Age

37.4 years

Currently For Sale

392 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2305 Sw 2nd Street, OCALA, FL, 34471

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
2305 Sw 2nd Street #A, OCALA, FL, 34471 Listing by Kevin Byrne
Unit for rent at 306 Sw 19th Avenue, OCALA, FL, 34471

$1,220 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
306 Sw 19th Avenue, OCALA, FL, 34471 Listing by Francesco Fassioli

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Joseph Gallagher
REDI REAL ESTATE, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM667266
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2050 Northwest 2nd Street built and last sold?
The property at 2050 Northwest 2nd Street was built in and last sold on Jun 27, 2018 for $2,000.
How much is this home worth?
The estimated value of the home located at 2050 Northwest 2nd Street is $0.
What are some comparable homes to 2050 Northwest 2nd Street?
There are currently no comparable homes to 2050 Northwest 2nd Street.
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