$295,000
1404 18th Avenue
Ocala, FL 34475
Listing updated: June 17, 2026 at 12:13 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Excellent duplex opportunity in the growing city of Ocala! Built in 2022, this custom-designed property features two 1-bedroom, 1-bathroom units situated on a spacious 0.26-acre corner lot. Both units are currently leased, generating immediate and stable rental income. One unit rents for $1,200/month, while the second rents for $1,149/month, providing strong cash flow from day one. This property presents an excellent opportunity for investors seeking passive income in an area with strong growth potential. Interior features include impressive 9-foot-4-inch ceilings, tile flooring throughout the main living areas, cozy carpeting in the bedrooms, blinds on all windows, and rain gutters. Each unit comes equipped with a modern appliance package, including a refrigerator, range, microwave, washer, and dryer. Conveniently located near shopping, dining, and major roadways. An excellent opportunity to maximize rental income potential with a fully occupied investment property.
Local Insight
At $230/sqft for a 2022 duplex with no HOA, you're getting solid new construction value in a market that's genuinely affordable—but the real question is whether Bunche Heights appreciates like equestrian properties or stays steady as a residential pocket, since Ocala's wealth and investment typically cluster around horse farms and the historic downtown corridor. The X flood zone and compact 0.26-acre lot mean you're buying for income potential or owner-occupancy rather than land value or rural lifestyle, so run the rental comps carefully if you're treating this as an investment. If you're remote-based or horse-adjacent and want to stay away from Florida's coastal appreciation treadmill, the price-to-space ratio works; if you need appreciation or equity growth to justify the purchase, verify whether this subdivision is on developers' expansion radar or if it's already plateaued.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history36 days on market
- Status: ActiveMay 13, 2026
- Listed$319,000May 12, 2026
- Price reduced$295,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 36
- Subdivision
- Bunche Heights
- County
- Marion
- Year built
- 2022
- Living area
- 1,283 sq ft
- Price/sq ft
- $230
- Lot size
- 11,326 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12083C0509E)
- Annual taxes
- $5,082 (2025)
- Parcel #
- 2195-145-000
- Zoning
- R2
- MLS #
- O6407317
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Interior Details
- Bedrooms
- 2
- Interior features
- Ceiling Fans(s)
- Laundry
- Laundry Room
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Lighting
- Construction materials
- Block, Concrete, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Listing Details
- Listing date
- 2026-05-12
- On market date
- 2026-05-12
- Original list price
- $319,000
- Occupant type
- Tenant
- MLS area
- 34475 - Ocala
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-13
- Tax legal description
- SEC 12 TWP 15 RGE 21 PLAT BOOK C PAGE 098 BUNCHE HEIGHTS LOTS 145.146
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From NW 10th St, head west and turn right onto NW 16th Ave. Continue to NW 14th St and make a left, then turn right onto NW 18th Ave. The property will be located on the left-hand side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 17, 2026 at 12:13 PM ET. 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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