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
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