Property Description:
This 3-bedroom, 2-bathroom block-construction home sits on a 10,019 sq. ft. lot in NE Ocala. Built in 1976, the property has 1,314 sq. ft. of living space, a 1-car garage, and a private in-ground pool – arguably the primary value driver in this market. Recent comparable sales of fully renovated pool homes in the immediate vicinity have closed between $285,000 and $330,000. While the property includes several high-ticket maintenance items like a brand-new water heater, it requires a full cosmetic and mechanical update to reach top-tier market value.
🛠️ Rehab Scope (Estimated)
- Interior Updates: Full interior cosmetic update including drywall repairs, paint, and modern trim/doors.
- Kitchen & Bath Overhaul: Installation of a new kitchen (cabinets, stone countertops, stainless appliances) and full renovations of both bathrooms.
- Flooring
- Roofing: The existing roof is approximately 12-15 years old.
- HVAC: Complete inspection and likely replacement of the aged A/C system.
- Pool & Exterior: Professional pool resurfacing, pool deck repair, and a full landscaping refresh for maximum curb appeal.
- Electrical/Plumbing: Update fixtures and outlets throughout; inspect plumbing for any necessary modernization.
🟣 Comparable Sales
- 200 NE 52nd Ave – 3/2 | 1,540 sf | Sold $329,900 | 12/15/2025 | Pool | Fully Renovated
- 5205 NE 3rd St – 3/2 | 1,623 sf | Sold $285,000 | 06/05/2025 | Pool | Updated
- 290 NE 51st Ave – 3/2 | 1,626 sf | Sold $295,000 | 05/08/2025 | No Pool | Fully Renovated
- 5070 NE 4th St – 3/2 | 1,462 sf | Sold $250,000 | 12/18/2025 | Above-Ground Pool | Updated
- 5205 NE 3rd St – 3/2 | 1,623 sf | Sold $285,000 | 06/05/2025 | Pool | Updated
💰 ARV Analysis
Fully rehabbed homes in the 34470 zip code are consistently selling between $175–$215/sf, with private pool homes sitting at the top of that range. The strongest comp, 200 NE 52nd Ave, recently sold for $329,900 ($214/sf) after a high-end renovation and roof replacement. Based on the subject’s square footage (1,314 sf) and private pool:
Estimated ARV: $275,000 – $295,000 +/-