Property Description:
This 2,283 sq ft 4-bed, 2-bath pool home with a 3-car garage sits on a spacious 15,246 sq ft lot (0.35 acres) in Ocala’s Lake Diamond Golf Club community. Built in 1999, the property features a screened private pool, split-bedroom floor plan, and large driveway. Interior condition requires updating to reach top market value but benefits from solid construction and a desirable golf course-adjacent neighborhood.
🛠️ Moderate Rehab – Interior Modernization & Potential Roof/HVAC Updates
The property will need cosmetic renovations throughout including kitchen, baths, flooring, and fixtures to reach ARV potential. Roof and mechanical systems should be inspected for age and functionality.
🔴 Recently Sold
· 580 Lake Dr – 2,232 sq ft, 5/3, built 2000 → Sold $462,000 ($207/sq ft) – updated interior, similar lot size
· 78 Golf View Dr – 2,228 sq ft, 3/2, built 1998 → Sold $465,000 ($209/sq ft) – fully updated, similar size
✅ ARV Conclusion
Based on these comps, your property at 2,283 sq ft with a pool aligns with:
- Low-end ARV: ~$440,000 (light rehab but not fully modernized)
- Likely ARV: ~$460,000 – $475,000 (updated to market standards similar to Golf View Dr)
- High-end ARV: ~$480,000+ (if fully modernized with premium finishes)
At an asking price of $315,000, this property presents a strong flip opportunity with potential $125K–$160K gross margin, especially given its pool, 3-car garage, and golf course community location.