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Overview

0 ba10,985 sqftBusiness
TypeBusiness
HOANone listed
Built1985
Lot41,382 sqft
Living area10,985 sqft
Price / sqft$116

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About this home

1706 N Magnolia Avenue is a 1985-built home in Marion Heights, Ocala. Listed at $1,275,000 (about $116/sqft), 194 days on market.

From the listing

10,985± SF of flex retail/warehouse space offered across three buildings located on N Magnolia Ave in the heart of Ocala. This centrally located property provides quick and convenient access to US 441/301 and US 27, making it ideal for a wide range of commercial users seeking strong connectivity and visibility. Situated on approximately 0.95 acres and zoned B-4, the property allows for a broad mix of retail, service, and light industrial uses, offering excellent flexibility for both owner-users and investors. The site is comprised of three separate buildings with a variety of unit sizes and configurations, each combining office and warehouse components. Building 100 totals 2,805± SF and features approximately 900± SF of office/showroom space with the balance dedicated to warehouse, serviced by a grade-level roll-up door. Building 200 consists of 3,080± SF divided into three equal units, each with a small office, restroom, and primarily warehouse space, along with one grade-level roll-up door per unit. Building 300 spans 5,100± SF and includes one 3,000± SF unit and two 1,050± SF units, all with roll-up doors and varying office/bathroom layouts. The property can be acquired with a level of vacancy, allowing an owner-user the opportunity to occupy a portion of the space while benefiting from in-place income from existing tenants. Alternatively, investors can capitalize on the remaining vacancy to lease up the property and create additional value through stabilization. This multi-tenant flex asset presents a unique opportunity for both immediate functionality and long-term upside in a highly accessible Ocala corridor.

The essentials

Built
1985
Price / sqft
$116
On market
194 days
Annual tax
$11,460
Lot
41,382 sqft
Type
Business

At a glance

Single family
Built 1985
0.95 acres
Lot size
10,985 sqft
Living area

Payment

Est. monthly payment
$8,242/mo
Down payment (20%)
$255,000
Property taxes
$955/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Business
Year Built
1985
Lot
41,382 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
194
Annual Tax (2025)
$11,460

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Marion Heights
County
Marion
Lot Size
41,382 sqft

Price history

Date
Event
Price
-
Price change
Source: Stellar MLS #OM721785
$1,275,000-8.9%
$116/sqft
3/30/2026
Listed for sale
Source: Stellar MLS #OM721785
$1,400,000
$127/sqft

Neighborhood

1706 N Magnolia Avenue
Ocala, FL, 34475

Market insights

Offer Insights

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List price: $1,275,000
$1.26M – $1.27M
99.2% – 100% of listTops out right at the list price
80% of listList price
45 of the last 88 home closings in 34475 landed at this number or higher (51%). The median one sat 54 days before it went under contract, and this one is on day 194 after a $125,000 cut.

Sample: 88 closed home sales in 34475 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$8,242/mo
Principal & interest$6,650
Property taxes$955
Insurance$638
Down payment20% · $255,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,275,000

$116 per sq ft

Size

10,985 sq ft

Time on market

194 days

Year built

1985

Monthly payment

About $8,242/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $11,460 annual tax bill, insurance.

Offer

What should I offer?

Have another question?

Brokered byGUS GALLOWAY REALTY INCListing agent: Charles WhiteListing data from Stellar MLS, MLS# OM721785.

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