3531 S Pine Avenue, Ocala, FL 34471

$2,150,000
20,730
SqFt
List Price
$2,150,000
Status
Active
Days on Market
43
Price Change
▼ $100,000 1678823978
MLS#
OM653203
Property Style
Multi-Family
Year Built
1964
Living Area
20,730
Lot Size
109,336
Acres
2.51
Total Acreage
2 to less than 5
Legal Subdivision Name
Cherry Hill Mobile Home Park
MLS Area Major
Ocala

Property Description

Fantastic location in SE Ocala with easy access to shopping and hospitals. Park is on CITY of OCALA Water and Sewer! The units in this park have been cared for very well and most have been updated within the last few years. There are two frame built rental homes on the property and one concrete block studio. All three have recently had the entire interior remodeled(these are included in the total number of rentals of 23). 6 are 1/1 units 12 are 2/1 units 1 is a 3/2 unit 1 is a 4/2 unit 2 are frame built 2/1 units 1 is a studio New rental rates for tenants once existing leases expire are the following: 1/1 = $1,000 2/1 = $1,200 3/2 = $1,500 4/2 = $1,850 Studio apartment(includes electricity) = $1,250 2/1 frame-built home = $1,500 This property is on city water and sewer. Landlord owns all the units and provides maintenance, lawncare and garbage. Owner financing is available with at least 25% down payment. Below are the current monthly fixed costs for the park: Lawn Maintenance: $450 City of Ocala Utilities: $420 Real Estate Taxes: $1,200 Insurance: $350 Garbage: $305 Pest Control: $350

Additional Information

Taxes
$14929
Annual Gross Income
290100
Community Features
No Deed Restriction
Zoning
B4
Interior Layout
Ceiling Fans(s), Open Floorplan
Interior Features
Ceiling Fans(s), Open Floorplan
Appliances
Range, Refrigerator
Utilities
Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Street Lights
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Other
Exterior Features
Lighting, Private Mailbox
Roof
Metal, Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
C
Parcel ID
30125-000-00
Legal Description
SEC 29 TWP 15 RGE 22 COM AT THE SE COR OF SW 1/4 OF N 1/2 OF GOVT LOT 2 OF FRAC SEC 29 TH N 181.25 FT TO THE POB TH CONT N 135.30 FT TH S 87-52 W 259.50 FT TH S 15-11 W 523.93 FT TH S 55-11 E 47.26 FT TH N 41-12 E 542 FT TO THE POB

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CENTRAL FLORIDA REALTY.

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on