Properties

Property Description

Fantastic location in SE Ocala with easy access to shopping and hospitals. Park is on CITY of OCALA Water. 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 = $900
2/1 = $1,100

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.

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

Features
: Electric
: Central Air
: Private Mailbox, Lighting
: Ceiling Fans(s), Open Floorplan
: Public Sewer
: Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Street Lights
Appliances
: Range, Refrigerator
Address Map
US
FL
Marion
Ocala
34471
PINE
3531
AVENUE
W83° 52' 38.5''
N29° 9' 13.6''
34471 - Ocala
S
B4
From Downtown Ocala drive South on US Hwy 441(South Pine Avenue). Park is on the right (East) side of the road approximately 1/4 mile past SE 31st Street. There will be a white sign that says CherryHill Park in front of the property.
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/OM653203
2150000
2023-02-14
23
: Crawlspace
: Other
Financial
14929.65
Listing Information
271510422
271500001
Canceled
2023-07-25T14:39:08Z
Stellar
: None
2023-07-25T14:38:52Z
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3531 AVENUE Ocala

3531 S Pine Avenue, Ocala, Florida 34471

20,730
$2,165,000
Listing ID #OM653203
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OM653203
Price : $2,165,000
Square Footage : 20,730
Year Built : 1964
Lot Area : 2.51 Acre
Status : Canceled
Office Name : CENTRAL FLORIDA REALTY
Agent Name : Don Kay, Jr
Property Sub Type : Multi-Family
Roof : Shingle, Metal
Listing Status : Canceled
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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