616 SE 31st TERRACE, Ocala, FL 34471

$199,900 Asking Price

3 beds
2 baths
1,930  sqft
Built in 1953

INVESTOR SPECIAL! Here is a great fix-and-flip opportunity in the growing city of Ocala! This ranch-style 3-bedroom, 2-bathroom home sits on a spacious .41-acre lot and offers plenty of potential, with some TLC it would be a great home. The property features an open concept design, front covered porch, dual extended driveways, wood-burning fireplace, fully fenced yard, and a separate work shed. With some demolition already completed, it's the perfect project for a handyman or an investor looking for the next project. The sturdy metal roof still has plenty of life left, which adds to the cash savings on repairs. Property is being sold as-is, needs repairs, fixer-upper, cash or hard money only.


Features & Amenities

Interior

General:
Primary Bedroom Main Floor, Thermostat
Appliances:
None
Laundry:
Inside
Flooring:
Other
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Fireplace

Exterior

General:
Garden

Construction

Roofing:
Metal
General:
Block, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Marion

Lot

Zoning:
R1A, SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 001 OCALA HIGHLANDS BLK 36 LOTS 15.16 & S 1/2 OF LOT 17, 2782036015

Utilities

Utilities:
Electricity Connected, Phone Available, Public
Water:
None
Sewer:
Septic Tank

Financial

Source:
Stellar MLS

This listing courtesy of:
EQUITYPRO LLC, Rafael Bolivar Mendoza

About Ocala, FL

Housing

Number of Units
111,807
Median Home Value
$169,209
Median Rent
$775

29.28% of housing units are renter occupied.

8.81% are vacant.

Commute

Car
75.18%
Public Transportation
0.36%
Walk to Work
0.56%
Work from Home
22.53%
Other
0.93%

The median travel time to work is 20 minutes.

People

Population
247,952
Median Age
45.70
Median Household Size
2.63

Education

High School
34.55%
Associate’s Degree
9.67%
Bachelor’s Degree
15.03%
Graduate Degree
8.59%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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