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NICOLE CHAPMAN

nicolechapmanre@yahoo.com +1(407) 690-2368

$ 319,000

Est. payment -/mo

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5365 W HIGHWAY 40 Ocala, FL 34482

4 Beds

2 Baths

1,872 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $170

Subdivision Ocala Rdg Un 01

MLS Listing ID OM715540

Bedrooms 4

Construction Status Completed

HOA Y/N No

Year Built 1985

Annual Tax Amount $3,068

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 107x109

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Calling all seasoned investors or newbies looking to get into the rental business. This completely renovated duplex is just minutes from the World Equestrian Center (WEC) and close to downtown! It will make a perfect short term rental property as it is also right on Highway 40 and less than 2 miles from I-75. Don't let this homes age fool you, originally built in 1985, this property has been taken down to the studs and thoughtfully rebuilt with modern finishes and systems throughout.

Each side offers a spacious 2 bedroom / 1 bath layout with an open-concept main living area, perfect for today's lifestyle. Each unit features 2 nicely sized bedrooms that share a well-appointed bathroom.The units have abundant natural light and a functional flow. Major updates include a new roof, new HVAC systems (2023/2025), and new water heaters. Additionally, the septic has been recently pumped and an inspection report is available. All these features provide peace of mind for years to come. The new owner can start renting these properties on day one and see the cash flow immediately. This neighborhood is well known for the short term rentals and is especially popular during WEC's busy seasons and all local events.
Situated on a popular road, the property boasts a large backyard and dedicated parking for two cars per unit, making it ideal for owner-occupants or investors alike. With its proximity to WEC and downtown, this duplex presents an excellent opportunity for all short-term rental potential (subject to local regulations). The furniture that is currently in the home is available for purchase outside of the contract..Making the units truly walk in ready.
A rare, turnkey investment in a high-demand location—don't miss this exceptional opportunity!

Location

State FL

County Marion

Community Ocala Rdg Un 01

Area 34482 - Ocala

Zoning R3

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Private Entrance

Parking Features Driveway, Off Street, Parking Pad

Community Features Sidewalks

Utilities Available Cable Available, Electricity Connected, Sewer Available

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Level, Private, Paved

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Well

Structure Type Frame,Wood Siding

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM715540

Listed by Stacey Raisch PREFERRED RE BROKERS III