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501 55th Avenue
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PRICED AT ONLY: $389,900

Address: 501 55th Avenue, OCALA, FL 34480

Description

Discover an opportunity to restore and reimagine this one of a kind property on nearly 2 acres in SE Ocala. Featuring 4 bedrooms, 2.5 baths, and just over 3,000 square feet, this home offers space, character, and endless potential. The layout includes a large living room with fireplace, flex/office space, and a spacious kitchen with workstation and breakfast nook. The primary suite adjoins a tornado shelter for peace of mind. Recent mechanical updates include HVAC (April 2024) and water heater (May 2024). Most flooring, trim, and baseboards are in place, with extras available for finishing touches. Outside youll find a pool and spathe pool equipment is 23 years old and operational, while the tiled spa (seats 68) requires new equipment. Equestrians and hobbyists will appreciate the barn and kennel setup: a partially converted stall and tack room with plumbing and electric to a small shared septic, plus a concrete dog kennel with shingle roof, bell drain, water/electric, and 15 ft runs under chain link covers. Roof replacement is needed, and the property is being sold as is and currently uninsurable. With repairs and updates, this acreage estate could truly shine. Cash or renovation financing only.

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  • MLS#: OM710890 ( Residential )
  • Street Address: 501 55th Avenue
  • Viewed: 26
  • Price: $389,900
  • Price sqft: $115
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 3400
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 15
  • Acreage: 1.90 acres
  • Additional Information
  • Geolocation: 29.1823 / -82.0573
  • County: MARION
  • City: OCALA
  • Zipcode: 34480
  • Provided by: EXP REALTY LLC
  • Contact: Amber Nardino
  • 888-883-8509
  • mfrmls
  • DMCA Notice

Description

Discover an opportunity to restore and reimagine this one of a kind property on nearly 2 acres in SE Ocala. Featuring 4 bedrooms, 2.5 baths, and just over 3,000 square feet, this home offers space, character, and endless potential. The layout includes a large living room with fireplace, flex/office space, and a spacious kitchen with workstation and breakfast nook. The primary suite adjoins a tornado shelter for peace of mind. Recent mechanical updates include HVAC (April 2024) and water heater (May 2024). Most flooring, trim, and baseboards are in place, with extras available for finishing touches. Outside youll find a pool and spathe pool equipment is 23 years old and operational, while the tiled spa (seats 68) requires new equipment. Equestrians and hobbyists will appreciate the barn and kennel setup: a partially converted stall and tack room with plumbing and electric to a small shared septic, plus a concrete dog kennel with shingle roof, bell drain, water/electric, and 15 ft runs under chain link covers. Roof replacement is needed, and the property is being sold as is and currently uninsurable. With repairs and updates, this acreage estate could truly shine. Cash or renovation financing only.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Dog Run, Private Mailbox, Sidewalk, Sliding Doors, Storage
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2310.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: In Ground
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank, Other
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Eat-in Kitchen, Open Floorplan, Other, Split Bedroom
  • Legal Description: SEC 13 TWP 15 RGE 22 N 297 FT OF N 1/2 OF W 1/2 OF W 1/2 OF SE 1/4 OF SE 1/4 EXC W 40 FT
  • Levels: One
  • Area Major: 34480 - Ocala
  • Occupant Type: Owner
  • Parcel Number: 27418-010-03
  • Views: 26
  • Zoning Code: R1
Nearby Subdivisions
Alamar Village   Arbors   Becket Plantation   Belleair   Bellechase   Bellechase Laurels   Bellechase Oak Hammock   Bellechase Villas   Bellechase Willows   Big Rdg Acres   Big Ridge Acres   Buffington Acres   Buffington Ridge Add Fog Lts 2   Carriage Trail   Citrus Park   Country Club Farms A Hamlet   Country Club Of Ocala   Country Clubocala Un 01   Country Clubocala Un 02   Country Estate   Country Gardens   Dalton Woods   Dalton Woods Add 01   Florida Orange Grove   Florida Orange Grove Corp   Fountain Oak   Golden Glen   Hawks Landing   Hi Cliff Heights   Hicliff Heights   High Pointe   Indian Meadows   Indian Pines   Indian Trails   Indian Trls   Kozicks   Legendary Trails   Magnolia Forest   Magnolia Grove   Magnolia Manor   Magnolia Park   Magnolia Point Ph 01   Magnolia Pointe   Magnolia Pointe Ph 01   Magnolia Pointe Ph 1   Magnolia Pointe Ph 2   Magnolia Pointe Phase Two   Magnolia Ridge   Magnolia Villas East   Magnolia Villas West   Montague   No Subdivision   None   Not Applicable   Not In Hernando   Not On List   Oakhurst 01   Ocala Preserve Ph 11   Ocala Preserve Ph Ii   Peoples Shady Acres Un 02   Quail Ridge   Redding Circle   Ridge Manor Florida Orange Gro   Robinwood   Roosevelt Village Un 01   Sabal Park   Shadow Woods Add 01   Shadow Woods Second Add   Shady Lane Estate   Shaker Tree   Silver Spgs Shores   Silver Spgs Shores 10   Silver Spgs Shores 24   Silver Spgs Shores Un #24   Silver Spgs Shores Un 10   Silver Spgs Shores Un 24   Silver Spgs Shores Un 25   Silver Spgs Shores Un 55   Silver Spring Shores   Silver Springs Shores   Sleepy Hollow   Slvr Spgs Sh N   South Oak   Stone Creek By Del Webb   Summercrest   Summerton South   Sun Tree   Turning Hawk Ranch   Turning Hawk Ranch Un 02   Unr   Via Paradisus Ph Iii B   Vinings   Westgate   Whisper Crest   Willow Oaks Un 01   Willow Oaks Un 02   Willow Oaks Un Ii  
Similar Properties

Details for 4624 32nd Place, OCALA, FL 34480
$399,000.00 ($103.96 / sqft )

4624 32nd Place Virtual Tour More Like This

Situated here in the gated community of Magnolia Pointe, this spacious 4 bedroom, 3.5 bath home offers over 3,000 square feet of flexible living space. The main floor features a generous living area w

  1. Request Information
  1. Bedrooms: 4
  2. Baths: 4
  3. Approx. 3838 sqft
  1. MLSID: OM700703
  2. Provided by EXP REALTY LLC
  3. Contact Steven Billington
  4. mfrmls
  5. DMCA Notice
67 Pictures and Information

Contact Info

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Wade M. Berlin

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