This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
$1,400,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
Property Description
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.
Full Property Details
Full Property Details for 1706 N Magnolia Ave
General
- Price: $1,400,000
- Taxes: $11,459 (2025)
- Status: Active
- Type: Business
- Source: MidFloridaRegionalMLS
- MLS ID: OM721785
- Updated: 3/30/2026
- Added to Site: 3 day(s) ago
Location
- Area: 34475 - Ocala
- County: Marion
- Development Name: 34475 - Ocala
- Subdivision: MARION HEIGHTS
- Driving Directions: From downtown Ocala, begin by heading north on NE 1st Ave. Continue straight and merge onto N Magnolia Ave for approximately 1.5 to 2 miles the property on your left-hand side.
Community
- Community Name: 34475 - Ocala
Heating & Cooling
- Cooling Type: A/C - Office Only
Structural Information
- # Buildings: 3
- Exterior Const.: Block
- Square Feet: 10,985
- Sq. Ft. Source: Public Records
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.95
- Lot Size (Sq. Ft.): 41,382
- Lot Size: 41382
- Frontage: City Street
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $11,459.8
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 07 TWP 15 RGE 22 PLAT BOOK A PAGE 166 THE CENTRAL LAND CO S REVISED PLAT OF MARION HEIGHTS BLK 1 LOTS 4.5.6.7.8.9 EX S 23 FT OF E 150 FT EXC COM SE COR OF NE 1/4 TH N 00-16-20 E 1062.89 FT TH N 89-55-52 W 41.14 FT TO POB SAID PT BEING ON THE ARC OF A CIRCULAR CURVE CONCAVE SWLY TH N 89-55-52 W 2.55 FT TO A PT ON A CIRCULAR CURVE CONCAVE SWLY HAVING A RADIUS OF 729 FT AND A CENTRAL ANGLE OF 12-22-11 TH NWLY ALONG THE ARC OF SAID CURVE AN ARC DISTANCE 157.39 FT SUBTENDED BY A CHORD BEARING AND DISTANCE OF N 17-49-09 W 157.08 FT TO A PT ON THE N BDY LINE OF LOT 4 BLK 1 TH S 89-54-31 E 2.74 FT
- Flood Zone Info: X500
- APN: 2579200000
- Property ID: 2579200000
- Block/Lot/Section: 1
Listed by Gus Galloway Realty Inc
Get Pre-Approved Today
Schools
Schools serving 1706 N Magnolia Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Wyomina Park Elementary School 511 Northeast 12th Avenue, Ocala, FL 34470 | PK-5 | 1.2 mi |
Howard Middle School 1655 Nw 10th St, Ocala, FL 34475 | 6-8 | 1.1 mi |
Vanguard High School 7 Northwest 28th Street, Ocala, FL 34475 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1706 N Magnolia Ave
Date
Details
Price
Change
Source
3/30/2026
Listed
$1,400,000
133.33%
MLS
8/12/2024
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1706 N Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,460
22%
$501,826
34%
2024
$9,388
1%
$374,973
2%
2023
$9,301
24%
$367,525
10%
2022
$7,476
5%
$334,597
9%
2021
$7,144
—
$305,587
-1%
2021
$7,144
49%
$309,530
17%
2018
$4,798
-1%
$264,014
1%
2017
$4,829
—
$261,467
2%
2016
$4,809
2%
$257,184
4%
2015
$4,706
-12%
$247,784
-14%
2019
$5,332
24%
$288,775
18%
2014
$4,313
—
$243,948
1%
2013
$4,293
—
$240,924
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1706 N Magnolia Ave
1706 N Magnolia Avenue, Ocala, FL 34475 (MLS# OM721785) is a Business property. 1706 N Magnolia Avenue is currently listed for $1,400,000 and was received on March 30, 2026. Want to learn more about 1706 N Magnolia Avenue? Do you have questions about finding other Business real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

