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$2,000,000
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Property Description
This highly desirable, oversized downtown parcel spans a full city block with street frontage on all four sides and offers a prime location in the heart of Ocala's vibrant downtown area. The 1.34-acre site is zoned FBC (Form-Based Code) and includes three buildings that are interconnected totaling over 30,120 SF under roof, plus a large covered canopy area. Formerly the School Board of Marion County's supply warehouse, the property is equipped with all city utilities and fire sprinklers throughout. The site also features 15 paved parking spots, with additional paved areas available. Located just one block from the Downtown Market, an open-air facility that hosts regular events, and walking distance of the downtown "Square" and public parking, this parcel is an ideal location for businesses looking to capitalize on the area's explosive growth. The surrounding downtown area is experiencing significant redevelopment, including new residential 'city living' units and numerous commercial projects for lodging, amenities, food, and shopping. With its versatile space that includes warehouse areas, offices, loading zones, and a covered canopy, this property offers endless possibilities for a wide range of uses or redevelopment opportunities.
Full Property Details
Full Property Details for 506 SE 3rd Ave
General
- Sold For: $2,000,000
- Taxes: (2024)
- Status: Closed
- Type: Warehouse
- Source: MidFloridaRegionalMLS
- MLS ID: J991426
- Added to Site: 176 day(s) ago
Location
- Area: 34471 - Ocala
- County: Marion
- Development Name: 34471 - Ocala
- Driving Directions: From downtown, go east on 3rd ave for 1/2 mile to the destination on your right.
Community
- Community Name: 34471 - Ocala
Heating & Cooling
- Cooling Type: A/C - Office Only
Structural Information
- # Buildings: 3
- Exterior Const.: Metal Siding
- Square Feet: 32,124
- Living Area: 32,124 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 1.34
- Lot Size (Sq. Ft.): 58,370
- Lot Size: 1.34
- Frontage: City Street
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK E PAGE 002 NEW SURVEY SOUTH OCALA ALL BLK 36 & A 7 IN STRIP OF LAND ABUTTING & CONTIGUOUS TO NORTH BDY 0F BLK 36 & LOT E OF & ADJ BLK 36 EX BEG ON N BDY OF THE UNNUMBERED LOT ADJ BLK 36 SAID PT BEING 25 FT W OF THE NE C OR OF UNNUMBERED LOT E 25 FT TO NE COR S25 FT NWLY TO POB
- Flood Zone Info: X
- APN: 2822036000
- Property ID: 2822036000
- Block/Lot/Section: 36
Listed by Stellar Non-Member Office
Sold by Boyd Real Estate Llc and Wiechens Realty Inc
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Schools
Schools serving 506 SE 3rd Ave
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Eighth Street Elementary School 513 Southeast 8th Street, Ocala, FL 34471 | PK-5 | 0.1 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 0 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 SE 3rd Ave
Date
Details
Price
Change
Source
7/24/2025
Sold
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 SE 3rd Avenue, Ocala, FL 34471 (MLS# J991426) is a Warehouse property that was sold at $2,000,000 on July 24, 2025. Want to learn more about 506 SE 3rd Avenue? Do you have questions about finding other Warehouse real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

