🌟 Rehab/Hold in Ocala, FL 34470! 🌟

Marion County, Ocala, FL, 34470
Sold
Listed at: April 22nd, 2024
Price
$130,000
ARV
$260,000
Gross Margin
$130,000
Sq. Footage
1551
Type
Single-Family
Parking
Driveway
Year build
1976
Lot size
acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Looking for your next lucrative venture? We've got just the property for you! Situated in the Silver Springs area of Ocala, FL 34470, this spacious block house boasts 3 bedrooms, 2 bathrooms, and rests on a generous 0.6-acre lot. With a little TLC, this gem is poised to become a prime investment opportunity in a thriving market.

Key Features: 🏡 3 bedrooms, 2 bathrooms 🌳 0.6-acre lot 🔨 Potential for renovation and value appreciation 💰 Estimated ARV: $250k-$260k

                                                                           COMPS

Comps are tough but there are mobile homes selling for $215k-$235k and new builds selling for $300k+ - Subject property is block home but older so we're putting ARV at 250k-260k.

220 SE 62nd Ter: Sold for $278,000 (3/2/1567/99' build) This comp was NOT updated but did have 2 garage. Distance: 1.5mi

185 SE 62nd Ave:
Sold for $260,000 (3/2/1462/97' build) Partial Update. Distance: 1.7mi

221 SE 62nd Ave: Sold for $365k (3/2/1705/99' build / pool) Distance: 1.7mi

1 SE 70th Cir: Sold for $235,000 MOBILE HOME (3/2/1620/07 build')

241 SE 70th Cir: Sold for $215,000 MOBILE HOME (4/2/1516/21') 

Perfect Job for the DIY investor!

Investment Strategy:  🥶 BRRRR. 💼 Hold and rent for long-term passive income. 

Location Highlights: 🌇 Conveniently located in Ocala, FL 34470, with easy access to amenities, schools, and entertainment. 🛣️ Proximity to the very popular Silver Springs State Park. 🌳 Enjoy the tranquility of a spacious lot while still being close to urban conveniences.

Don't Miss Out! Seize this incredible investment opportunity in Ocala, FL 34470, and unlock the potential for substantial returns. With a prime location, ample space, and endless possibilities for renovation, this property is a savvy investor's dream come true!

Contact us today to schedule a viewing and secure your investment future! 🏠💼

Showing Available upon appointment only! 

COE on or Before 05/15/2024




Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Marsh

No reviews

Disposition manager