Property Description:
This 1,931 sq ft 3-bed, 2-bath block home sits on a 0.32-acre lot in NW Ocala. Built in 1973, the property features a spacious footprint, off-street parking, and solid bones. Major mechanicals have been updated in recent years, including a new roof in 2018, water heater in 2018, and AC system replaced in 2019. Property is off-market and vacant.
The structure appears sound from the exterior, but the interior needs a full cosmetic renovation including paint, flooring, kitchen and bath updates, and fixtures throughout. Several windows may need replacement, and the exterior will benefit from pressure washing and landscaping cleanup. Layout seems functional with good natural light, and with mechanicals already handled, the focus is on bringing aesthetics up to market standards.
🔴 Recently Sold / Pending
· 1401 NW 20th Ave – 864 sq ft, 3/1, built 1965 → Sold $95,000 ($110/sq ft) – small, dated
· 1110 NW 14th St – 2,541 sq ft, 3/3, built 1979 → Sold $240,000 ($94/sq ft) – larger, needs updating
· 1501 NW 19th Ave – 1,380 sq ft, 3/2, built 1976 → Est. $400,000 ($290/sq ft) – updated
· 1921 NW 12th St – 720 sq ft, 3/1, built 1962 → Pending $134,995 ($187/sq ft) – small, likely updated
✅ ARV Conclusion
With 1,931 sq ft of living space and recent mechanicals already in place, your property lines up with:
- Likely ARV: ~$275,000–$300,000 (at $140–$155/sq ft with full cosmetic rehab)
- High-end ARV: ~$325,000+ (if rehabbed to retail level with strong curb appeal)
The home sits on a larger-than-average lot and offers solid investment potential in a transitioning NW Ocala submarket. Ideal for a value-focused cosmetic rehab with infrastructure already handled.