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$280,000   Price Analysis
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5911 NW 9th St
Ocala, FL 34482
4 bed 4 bath 1,056 SqFt ($265/SqFt)
7,405SqFt lot. Built 1986
Listed 2024-06-21, Taxes $1,983
USDA Eligible
near Ocala, FL
 

9.5% Cap rate upon takeover

* Sale Pending *

Excellent investment, low expenses! Welcome to this beautifully renovted duplex located in the heart of Ocala. This property offers a perfect blend of modern amenities and low-maintenance living, making it an ideal investment opportunity. Both units have been meticulously updated with new appliances, LPVC flooring, completely remodeled bathrooms and fresh paint both inside and out. The addition of a new metal roof ensures long-term durability and minimal maintenance, providing peace of mind for the future.

Both units have a new AC system as well. The units are (2) 1/1 units. This duplex is a fantastic investment with stable income, currently generating $2550 per month from long-term tenants. Operating costs are incredibly low, as the expense is landscaping and trash collectiontenants pay for electricity and the property benefits from a well water system. With all updates and renovations completed, this property is truly move-in ready. Whether you're an investor looking for a reliable income property or a homeowner seeking a property with rental income potential, this duplex is a must-see.


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Listing Agent Photo

Property MLS #T3535750 from StellarMLS

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Lot Size Acres: 0.1699954
Lot Size Dimensions: 75x100
Lot Size Square Feet: 7405

Parking Features: Driveway

Number of Buildings: 1
Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Gross Income: 30300

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1889.89
Source Listing Status: Pending
County: Marion
Directions: Drive 5911 NW turn left 9th Street Ocala
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 34482 - Ocala
Source Neighborhood: OCALA RDG UN 13
Parcel Number: 2313-013-031
Postal Code Plus 4: 5193
Subdivision: OCALA RDG UN 13
Township: 15S
Zoning: R2
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$82,136
$1,983
2021$unknown + $unknown
$74,669
$1,889
2020$unknown + $unknown
$67,881
$1,771
2019$unknown + $unknown
$61,710
$1,638
2018$unknown + $unknown
$56,100
$1,506
2017$32,565 + $2,100
$51,000
$1,400
2016$31,215 + $1,200
$48,960
$1,335
2015$43,853 + $1,200
$48,807
$1,334
2014$unknown + $unknown
$47,685
$1,282
2013$unknown + $unknown
$43,350
$1,197
2012$unknown + $unknown
$43,350
$1,194
2011$unknown + $unknown
$52,020
$1,330
2010$unknown + $unknown
$50,112
$1,303
2009$unknown + $unknown
$61,874
$1,458
2008$unknown + $unknown
$68,740
$1,542
2007$unknown + $unknown
$64,864
$1,470

Price Changed 2024-07-15
$280,000
StellarMLS
Listed 2024-06-21
$300,000
StellarMLS
Sold 2023-02-01
$150,000
StellarMLS
Price Changed 2022-12-26
$179,500
StellarMLS
Price Changed 2022-12-08
$175,500
StellarMLS
Price Changed 2022-10-28
$185,500
StellarMLS
Price Changed 2022-09-23
$195,572
StellarMLS
Price Changed 2022-06-28
$212,972
StellarMLS
Price Changed 2022-06-16
$224,999
StellarMLS
Price Changed 2022-06-08
$234,999
StellarMLS
Listed 2022-05-21
$235,000
StellarMLS
Listing removed 2021-10-29
$79,900
StellarMLS
Sold 2005-04-04
$66,500
Public Record
Sold 2001-08-30
$41,500
Public Record

Total Square Feet Living: 1056
Year Built: 1986
Building Area Source: Appraiser
Building Area Total: 1124
Construction Materials: Block
Foundation Details: Slab
Property Age: 38
Property Condition: Completed
Roof: Metal

College Park Elementary School is a public elementary school located approximately 2.8 miles away.
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West Port High School is a public high school located approximately 3.5 miles away.
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Liberty Middle School is a public middle school located approximately 7.7 miles away.
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Meadowbrook Academy is a private elementary, middle and high school located approximately 2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.