Property Description:
Sitting on over half an acre in NE Ocala, this solid 3-bed, 2-bath CBS home offers 2,032 sq ft of living space plus a 2-car garage and a bonus den that could easily become a 4th bedroom. Built in 1948, the property has updated PVC plumbing and will be vacant at closing — ready for your crew to start work right away.
🛠️ Full Interior Update Needed – But the Bones Are There
The structure is sound and the layout is flexible. You’ll want to update the kitchen, baths, flooring, paint, and likely some systems. But with its large footprint and oversized 22,651 sq ft lot, this property has all the ingredients for a profitable flip or long-term hold.
💰 Recent Comps Point to Strong Upside
🔵 Closed Sales
· 743 NE 26th Ter – 4/2, 1,344 sq ft, 0.31 acres, 1967 → Sold $260K ($193/sq ft)
· 2108 NE 10th St – 3/2, 1,761 sq ft, 0.33 acres, 1973 → Sold $230K ($131/sq ft)
· 2120 NE 8th St – 4/2, 1,780 sq ft, 0.28 acres, 1969 → Sold $291K ($163/sq ft)
· 2146 NE 10th St – 3/2, 1,656 sq ft, 0.29 acres, 1973 → Sold $250K ($151/sq ft)
· Off-Market: 722 NE 21st Ave – 4/3, 2,354 sq ft, 0.28 acres, 1968 → Sold $325K ($138/sq ft)
📊 Bottom Line
This one’s bigger than nearly every comp, sits on a lot almost twice the size of most nearby sales, and has that extra den and garage to boost value even further. With cleaned-up finishes and modern updates, it should push toward the top end of the comp range. Whether you’re flipping or holding, this one checks the boxes: big lot, great bones, and serious upside.